XRP Longs Hit With $7.68M in Liquidations as Market Sheds $504M
- —XRP longs liquidated for $7.68 million over 24 hours
- —Total market liquidations hit $504.62 million, longs at $359.45 million
- —More than 121,900 leveraged positions were closed across major venues
Why it matters: The broad deleveraging pressures XRP's price and could fuel further volatility in the near term.
Source: Coinotag
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