3 altcoins at risk of significant liquidations this week:
1. $XRP XRP: If its price falls below $2, over $215 million in long positions could be liquidated. This is influenced by whale movements and market dynamics.
2. #solana ($SOL SOL): A drop to $120 could trigger liquidations exceeding $437 million. This comes as wallets linked to FTX/Alameda are reportedly transferring millions of SOL to Binance, raising concerns about selling pressure.
3. #Cardano ($ADA ): Due to its low market depth, ADA is highly volatile. If its price surpasses $0.90, short liquidations could exceed $50 million.
These developments highlight the heightened volatility in the crypto market this week.