XRP Liquidation Imbalance Fades Amid Price Breakout
- XRP experienced $5.61 million in liquidations over 24 hours.
- Long traders faced $2.73 million in liquidations, while short traders saw $2.88 million.
- The market shift affected 108,567 traders with losses.
- XRP’s price increased by over 3.11%, reaching $2.149, a three-week high.
- Trading volume surged by more than 14.56% to $3.07 billion.
The recent market activity led to a balanced liquidation trend for XRP, with both long and short positions experiencing similar losses. XRP’s price rallied past previous levels, reflecting broader market dynamics influenced by Bitcoin’s performance.
Source (2.6)https://coingape.com/xrp-liquidation-imbalance-fades-as-bulls-fuels-price-breakout/?rand=24432
