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$782M Liquidation Tsunami Punishes XRP Rally: Has It Bottomed Out?👇✅
$XRP $BNB $BTC
Over the past 24 hours, the cryptocurrency market has been hit by a tsunami of liquidations, which has wiped out nearly $800 million worth of trader positions. Digging deeper into CoinGlass data, it becomes clear that most of them, nearly 84%, came from long positions. Additionally, one of the most notable instances of large-scale trader destruction in the past is the situation with derivatives trading on XRP, the third-largest cryptocurrency at the moment.
Over the past 24 hours, the cryptocurrency market has been hit by a tsunami of liquidations, which has wiped out nearly $800 million worth of trader positions. Digging deeper into CoinGlass data, it becomes clear that most of them, nearly 84%, came from long positions. Additionally, one of the most notable instances of large-scale trader destruction in the past is the situation with derivatives trading on XRP, the third-largest cryptocurrency at the moment.
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BTC
93,391.67
-8.75%
XRP
2.0011
-17.13%
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