XRP 24-hour liquidations $9.57 million… longs 96.5%
Original headlineXRP 24시간 청산 957만달러…롱 비중 96.5%
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XRP derivatives saw $9.57 million in liquidations over the past 24 hours, with long positions accounting for 96.5% of the total, according to CoinGlass data. Long liquidations totaled roughly $9.27 million versus about $300,000 in shorts, meaning longs were liquidated at more than 30 times the rate of shorts. The skew signals that leveraged bullish traders were caught offside as XRP failed to sustain upside momentum. Traders will watch whether the long-heavy positioning unwinds further or whether spot demand absorbs the flush and stabilizes price action.
Muhabbit's AI wrote this summary in its own words from TokenPost's report and translated it from Korean. It can get details wrong, so check the source.
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XRP (XRP), CoinGlass, U.Today
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