XRP Falls to $1.46 as $17.97M Long Liquidations Trigger Long Squeeze
- —XRP fell to $1.46, down 3% in 24 hours and 9% on the week
- —$17.97 million in long liquidations versus $1.22 million in shorts
- —Open interest rose 4.42% to $7.14 billion
- —U.S. spot XRP ETFs: $592.95 million inflows over 7 months, $1.55 billion in assets
Why it matters: The long squeeze amplified XRP's drop, but steady ETF inflows suggest institutional demand remains intact.
Source: Finbold