🚨XRP Liquidation Anomaly!!!
Earlier today, XRP experienced a severe imbalance within just one hour: long liquidations reached 3.27 million dollars, while short liquidations were only 9,040 dollars, resulting in a long-to-short liquidation ratio soaring to 36,283%!
🔍 The price briefly surged before plummeting rapidly, accompanied by a series of bearish candles, triggering a large number of stop-losses and causing a chain reaction of liquidations. Clearly, excessive leverage became the ignition point.
📊 The total market liquidation in 24 hours reached 671 million dollars, with 69% being long positions. Although BTC and ETH trading volumes still lead, the level of imbalance in XRP within an hour is extremely rare among altcoins.
