The crypto market has just experienced a day of high tension and extreme volatility. In the last 24 hours, nearly $1 billion in crypto derivatives have been liquidated, shaking traders around the world.
🚨 XRP and Dogecoin have been the hardest hit, with drops of 10%, dragged down by an avalanche of leveraged positions that failed to hold key price levels.
🔍 What caused this massacre?
Widespread over-leveraging: Many traders were operating with high margins, confident in a bullish continuation.
Synchronized market drop: Bitcoin and Ethereum fell sharply, generating a domino effect on altcoins.
Negative technical signals: The loss of supports triggered cascading stop-losses, accelerating liquidations.
💡 XRP and DOGE: crisis or opportunity?
🔸 XRP, which had been showing relative strength, is at a technical crossroads. Support at 2.85–2.90 USD could define the next move.
🔸 Dogecoin, more sensitive to market sentiment and speculation, is now facing a drop in volume and intense downward pressure.
📈 Lesson for traders: Leverage does not forgive.
This event reminds us of an uncomfortable truth: leverage can multiply your gains, but also your losses.
More than 350,000 positions were liquidated on platforms like Binance, Bybit, and OKX in less than a day.
📣 What's next?
👉 The market may be looking for a new equilibrium. If there is no technical rebound soon, we could see more panic selling.
👉 In the medium term, many see this type of correction as a healthy purge to restart the bullish momentum with stronger foundations.
#LiquidacionesSalvajes #cryptocrash #xrp #Dogecoin #CryptoNews #BinanceSquare #CryptoAlert #Leverage #Trading #CryptoVolatility #CryptoEducation #BTC #ETH
