Web3
XRP Longs Face $24.29M Liquidation Risk as Leverage Hits 6.41B Coins
COINOTAG·August 23, 2026·1 min read
XRP margin longs surge to 6.41B coins on Bitfinex, leaving $24.29M in leveraged buy orders exposed as futures volume runs 4.5x spot. The high leverage suggests significant risk of liquidation if prices drop. Traders are betting on upward movement, but the imbalance could lead to sharp corrections, impacting market stability.
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