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Over $980M Wiped Out in 24 Hours as XLM, IP, and XRP Face Massive Liquidations.

The cryptocurrency market was hit by a sharp drop in the last 24 hours, wiping out more than $980 million worth of leveraged wagers. Among the worst-hit assets are Stellar (XLM), Story (IP), and Ripple (XRP). These three tokens—each dominant in their respective blockchain niche—experienced breathtaking losses as investors desperately closed out positions with falling prices and soaring volatility. Market watchers observed an unusual surge in liquidations that cut across both long and short positions, constituting one of the fiercest one-day shakeouts in months.

Story(IP) Suffers Unmatched Downturn Amid Low Liquidity Pressure.

Story (IP), a relatively new token with promising network infrastructure ambitions, also endured a significant blow during the liquidation cascade. The asset’s fall was fueled by its thin liquidity profile and rising exposure to short-term speculative trading.

IP had recently gained traction for its innovative network layer design, but the absence of long-term holders and high token velocity made it susceptible to quick drops. The liquidation of IP is seen by analysts as part of a broader trend where newer assets, even those with superior architecture, are being repriced sharply in volatile markets. As one of the more dynamic tokens in recent weeks, its sharp reversal shows how fast sentiment can shift when the market turns risk-averse.#Write2Earn #CPIWatch #AltcoinSeasonLoading #TradingStrategyMistakes $IP