XRP Futures Recover from Significant Liquidation Events on Major Exchanges

Community Trust Score Verified 96 % Real Verified 27 votes Updated 9 minutes ago XRP got hit hard. Between October 7 and 8, long liquidations across Binance, Bybit, and OKX totaled $40.70 million, per market-data provider XRPL.to. Short liquidations were a fraction of that — just $1.72 million. XRP was sitting around $1.40 when the forced closures piled up. The significant liquidation of long positions in XRP highlights the volatility and risk associated with trading cryptocurrencies, particularly in a market that can shift rapidly.

Source: The Currency Analytics