XRP Price Stalls at $1.1799 Following $30 Million Liquidation Cascade
Key Highlights: Over $30 million in XRP bullish leveraged derivatives positions were liquidated across a five-day period following an abrupt market reversal. Friday saw the most aggressive cascade, with liquidations surging 2.74 times above the weekly average and long positions accounting for 95.54% ($16.01 million) of the day’s $16.75 million in wipeouts. Binance absorbed the ...
