XRP Sees 980% Liquidation Imbalance as Longs Lose $10.88M in Selloff
- —XRP dropped 3.82% in 24 hours to $1.47, weekly gain trimmed to 0.18%
- —Long liquidations on XRP totaled $10.88 million out of $11.99 million
- —Short liquidations reached $1.11 million, an imbalance of 980%
- —Crypto liquidations market-wide hit $378 million in 24 hours
Why it matters: Traders await US PCE, jobs and GDP data this week, which will shape Fed rate-cut bets and XRP's next move.
Source: U.Today