XRP Falls to $1.27 as Long Liquidations Outpace Shorts 20-Fold
- —XRP long liquidations hit $7.55 million versus $375,910 in shorts
- —Liquidation imbalance reached 2,008% in favor of longs
- —XRP has now fallen for three consecutive days to $1.27
- —Non-empty XRPL wallets hit a record 8.24 million
Why it matters: XRP's MVRV near 0.92 puts holders at a net loss, historically a lower-risk zone. The $1.30 and $1.40 levels will set the near-term direction.
Source: U.Today