XRP Bulls Stunned by 3,090% Liquidation Imbalance as Crypto Market Stalls

According to data from the analytical platform Coinglass, $9.57 million in $XRP positions were liquidated across exchanges over the past 24 hours.

Long positions accounted for $9.27 million compared with just $299,997 in short liquidations.

On the shorter scale, $XRP liquidations amounted to $853,930, including $681,200 in long positions and $172,780 in shorts.