XRP 24-hour liquidation spectacle: Bears nearly all wiped out, bulls with small losses become the focus!
This market is truly something to behold! XRP staged a "great bear retreat" yesterday, and not a single liquidated short position could be found on the liquidation list, with the total liquidation amount for all shorts showing as $0!
In the past 24 hours, the entire crypto market has been a bloodbath, with total liquidations exceeding $227 million, and nearly 80,000 people liquidated. However, XRP has taken a unique turn: the total liquidation amount is only about $10 million, and almost all of it consists of small stop losses from bulls. It seems like the bears collectively went "invisible," successfully avoiding this slaughter.
Currently, XRP is fluctuating around $1.88-$1.90, having fallen 2-3% in 24 hours, but trading volume has surged to $2.6 billion! What does this indicate? Funds are definitely not idle; trading remains vigorous.
Compared to the grim situation of mutual destruction in other cryptocurrencies, XRP's "vanishing bears" has quickly become a hot topic. Is it that retail bulls are overly confident, holding on until the end? Or have the big bear players already turned bearish and exited early?
Some seasoned analysts suggest that such an extreme position structure often indicates: very little resistance to short-term upward movement. Once market sentiment warms up and prices begin to rebound, you will find that almost no one is shorting. At that point, even a small amount of buying can trigger a "short squeeze effect," rapidly pushing prices higher.
Although the overall market is still in a correction, funds for the XRP ETF have been quietly flowing in. Just last week, net inflows exceeded $60 million, with total scale surpassing $1.1 billion. Institutional layouts are still ongoing, and the long-term logic remains unchanged.
In terms of operations, leveraged players must be cautious, as current market volatility is at its peak. The key support is around $1.85; if it holds, a rebound could happen at any moment.
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