XRP Market Sees Massive Liquidations as Traders Adjust Positions

Crypto analyst and investor Xaif reveals a dramatic shift in the XRP derivatives market, with over 94 million XRP liquidated within a 24-hour period, representing $179 million in value. This places XRP among the most heavily impacted digital assets during the current market cycle. The high number of liquidations is attributed to rapid fluctuations in leveraged trading activity as traders adjusted their positions around the $1.90 price point.