XRP Surpasses Bitcoin in Hourly Liquidations: What Does This Mean?

A surprising shift has occurred in the cryptocurrency market as XRP experienced a sudden surge in futures liquidations, surpassing Bitcoin’s activity within a single hour. This indicates increased volatility and leveraged exposure in the altcoin space. According to CoinGlass data, XRP recorded $1.19 million in liquidations within an hour, while Bitcoin closed with just $823,340 in the same period. This dramatic shift points to heightened leverage trading activity surrounding XRP.