đ¨đĨ XRP Rockets 7,457% in Liquidation Flip as Price Rebounds Above $3
The crypto market just witnessed a shockwaveâXRP reversed hard, liquidating shorts in one of the most lopsided wipeouts of the year.
đ By the Numbers (Coinglass data):
Total liquidations (1h): $5M+
Shorts destroyed: $4.44M
Longs lost: $595K
Imbalance: 7,457.83% in favor of bulls
The sudden surge sent XRP flying above $3 on Aug 22, after dipping as low as $2.80 earlier in the day. Short traders got caught flat-footed, fueling a cascade that reignited bullish sentiment.
Now up +5% daily, XRPâs breakout has reignited whispers of a push toward $5âespecially as BTC and ETH also flipped green after days of red.
⥠Key Takeaway: Bears just paid the price. Bulls are back in control, and the momentum looks far from over.
