Tag: the long-versus-short breakdown
XRP Stuns Derivatives Market With 1,447% Liquidation Imbalance
The post XRP Stuns Derivatives Market With 1, 447% Liquidaticom. XRP spent the session moving in a tight range around $2. 14-$2. 18, but the real action was not visible on the chart at all. It was buried in the liquidation feed, where the popular cryptocurrency suddenly posted one of its most distorted prints in days. According to CoinGlass, total liquidations hit $1. 32 million, but the long-versus-short breakdown told the real story: $1. 23 million flushed from longs, while shorts barely took an $85,580 hit. Liquidation cluster shows why XRP’s imbalance mattered The environment made it seem even worse. For all digital assets combined, the 12-hour total was $81. 20 million. Bitcoin was at $16. 97 million, and Ethereum was close to $10. 76 million. Smaller names like Zcash (ZEC) had seven-figure hits, but XRP’s imbalance was the only print that looked lopsided rather than just reactive to the wider sweep. You Might Also RP price. Source:.
The New York Times
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