$XRP SHORT SELLERS OBLITERATED: $4.87K Liquidated at $2.4331!
In an electrifying twist, XRP shattered expectations, surging to $2.4331 and leaving short sellers reeling as $4,871.8 in short positions was liquidated!
This market eruption is sending shockwaves across the crypto world, with bulls roaring louder than ever!
The Action Unfolds:
The relentless upward momentum blindsided bears as $XRP broke through resistance levels like a wrecking ball.
Liquidation alarms rang out, forcing shorts to cover at lightning speed, driving the price even higher in a vicious short squeeze!
Why Did This Happen?
1. Technical Explosion: $XRP’s breakout above $2.40 triggered stop-losses and margin calls, catapulting the price higher.
2. Ripple Effect: Ripple’s continued dominance and possible legal victories could be feeding bullish sentiment.
3. Market Frenzy: Whales, retail traders, and algo bots piled in, fueling an unstoppable rally.
Bears Crushed:
The fallout was swift and brutal. $4.87K in liquidations has left short sellers licking their wounds, with some accounts liquidated in mere seconds.
This is a stark reminder of the risk of leveraging against a juggernaut like $XRP .
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