Big $XRP Move
Short Liquidation Alert!
A significant short position worth $57.9K has been liquidated at a price of $2.59
This highlights strong upward momentum in $XRP , catching traders betting against the price off guard.
Liquidations like this occur when short sellers, who are speculating the price will drop, face losses as the price rises beyond their margin threshold.
This can trigger a chain reaction, forcing positions to close and adding fuel to the upward trend.
Stay tuned for more action as $XRP continues to shake up the market!