Markets
XRP Prints 2,809% Liquidation Imbalance as Bulls Get Caught Off Guard
U.Today·August 7, 2026·1 min read
XRP experienced a staggering 29:1 leverage wipeout, catching bulls off guard and fueling $9.6 million in long liquidations after a minor 2% price dip. The liquidation imbalance highlights the risks of high leverage in crypto trading, as sudden price movements can trigger cascading liquidations.
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