Recent market activity has seen one of the most significant liquidation events in crypto history, sending shockwaves through XRP’s price and impacting its technical landscape. The event, described as the biggest ever witnessed in cryptocurrency trading, wiped out nearly $19 billion in leveraged positions across major exchanges. 8 This sudden sell-off significantly impacted XRP, which experienced a sharp plunge before staging a powerful rebound, leaving behind a deep wick that reached historical lows, signaling a massive liquidation of both long and short positions. Analysis by STEPH IS CRYPTO on X suggests this event might have marked the bottom for XRP, with potential for a major bull run to follow. 8 1 0 25 3 0. 1 0 2 5 1 7 0 , a critical support zone where buyers may re-enter as XRP continues its journey toward stability.