XRP Bulls Rattled by 8,900% Liquidation Imbalance Amid Modest Price Dip
In a striking turn of events, XRP futures experienced an extreme liquidation imbalance, with long positions facing an 8,909% higher wipeout than shorts in just one hour. Despite XRPs price dropping only 2.7%a moderate dip by crypto standardsbullish traders lost a staggering $980,220, while short positions saw just $11,130 in liquidations, according to CoinGlass.