Markets
XRP Longs Absorb $30 Million Wipeout in Five-Day Liquidation Cascade
COINOTAG·November 7, 2026·1 min read
Leveraged XRP longs absorbed $30 million in liquidations over five days, taking 95.54% of Friday's losses as the price slipped to near $1.16. The cascade highlights the risks of leveraged trading in volatile markets, with long positions bearing the brunt of the sell-off.
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