By Gamza Khanzadaev. Wed, 30/04/2025 - 15:50
Abnormal 5,438% liquidation imbalance stuns XRP bulls in just one hour
XRP just printed a number that may make even experienced traders pause - a 5,438% imbalance in long vs. short liquidations within one hour. That is not a typo. ADVERTISEMENT According to the liquidation heatmap by CoinGlass, XRP saw $7.64 million in total liquidations over the past hour - $7.50 million of that from long positions. Shorts? Just $140,000. You Might Also Like Wed, 04/30/2025 - 13:30 XRP to $1.78? Bollinger Bands Point to Worrying Pattern ByGamza Khanzadaev HOT Stories CIA: Bitcoin Is Here to Stay Ethereum in Big Trouble if It Doesn't Scale 100X, Researcher Warns Can Bitcoin (BTC) Reach $100,000 Now? Solana's (SOL) Coming Back to Fundamentals, Dogecoin (DOGE): Ready to Skyrocket Long Term 280,097,384 SHIB Destroyed as Burn Rate Rockets 37,937% But, what happened? XRP’s price action tells part of the story. The token dropped from the $2.20 region, breaching psychological support levels before stabilizing near $2.16. The move, while not catastrophic in price terms, was enough to knock out leveraged longs en masse - especially as cascading liquidations fed the drop. ADVERTISEMENT Source: CoinGlass Most cryptocurrencies saw mixed liquidation ratios throughout the day, but XRP’s case - over 98% of liquidation volume coming from one side - stands out. It is the kind of move that suggests not just miscalculation but mispositioning across the market. Whether it was overconfidence or a simple lag in stop-loss automation, bulls clearly did not see it coming. Zooming out, the overall market was not left aside either. Over $374 million in total liquidations swept through the crypto space in just 24 hours, with more than 162,000 traders caught on the wrong side of the action. You Might Also Like Wed, 04/30/2025 - 12:32 98,292,623 XRP Transferred Mysteriously as New Whale Is Born ByYuri Molchan Bitcoin and Ethereum led the flush with $33.68 million and $29.2 million in liquidations, respectively, largely echoing the same tilt that hit XRP - but without the same extreme imbalance. The largest single liquidation order came from OKX’s BTC/USDT pair, clocking in at over $5 million. Are we looking at a systemic long bias in XRP trades, or just a one-off flush before trend reversal? That is the question now. #XRP News #XRP #Ripple
