$XRP P is sitting right at $3.2646 in the latest market data but what’s more important is what just went down around that level. Here's my breakdown of what actually happened, and why this moment is anything but normal:

Verified Long Liquidation Highlights

$XRP P just went through a brutal $100 million+ long liquidation wave this happened during a sharp drop from $3.38 down to the $3.26 zone. The sell-off was ruthless, especially around the $2.96 to $3.26 range, completely shaking out leveraged longs.

One insanely volatile hour stood out over $803,000 in long positions got wiped, while shorts? Barely touched. We’re talking a 366,941% imbalance. That was during a snap back from $3.10 to reclaim $3.26.

But zoom out and the pain runs deeper. A total of $37.85 million in long liquidations hit XRP during that dump. It triggered stop-loss after stop-loss in a liquidation spiral.

#XRP Long Liquidation Flash Story

Even something like a $1.17K liquidation might look small but it’s part of a much larger $100 million long capitulation. XRP got slammed into $3.26, bulls were squeezed hard, leverage collapsed and the whole market stalled out.

The price chopped between $2.96 and $3.26, blowing out stop orders and flipping confidence on its head. That $3.2646 level? It turned into a psychological warzone.

What’s Next?

This violent liquidation phase might have actually set the table for a revenge rally. Shorts are getting complacent right now but if XRP breaks back above $3.10–$3.15, we could easily see a counter-squeeze that takes us back toward $3.40 or higher.

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