$XRP
XRP Rockets 366,941% in Liquidation Imbalance as Hourly Bloodbath Hits Longs
XRP is making bullish moves, rising 2.56% in the last 24 hours to trade at $3.26. But beneath the surface, long traders were hit hard by sudden liquidations.
According to CoinGlass, XRP saw $803K in total liquidations in just one hour—almost entirely from long positions. Longs lost $803,170, while shorts saw only $218.84 in liquidations, creating a massive 366,941% imbalance.
The liquidation spree came as XRP rebounded from $3.10 to reclaim $3.20. Trading volume also spiked 62.7% to $6.6 billion, signaling renewed investor interest.
Whale activity is also heating up. A mysterious trader opened a $16.6M XRP position on Hyperliquid using 2x leverage. Meanwhile, Whale Alert flagged a $53.4M XRP transfer to Coinbase. On-chain analyst Ali Martinez noted that whales scooped up over 130M XRP during the recent dip, hinting at continued bullish sentiment.
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