🚨 $40M XRP Liquidated in Hours — What Just Happened?
Take a moment to absorb this number: $40,360,000.
That’s how much XRP positions were wiped out in a matter of hours.
This wasn’t a normal pullback. This was a textbook liquidation event.
Here’s the breakdown 👇
📉 96% of liquidations were LONG positions
⏱️ Happened within a ~12-hour window
🎯 A clear long squeeze designed to flush leverage from the system
While many talk about HODLing, the data tells a harsher story — $40M in leveraged conviction was force-closed, instantly.
Zooming out 📊
🌍 $874 MILLION liquidated across the entire crypto market today
XRP traders absorbed a significant share of that damage
When this much capital disappears so fast, it raises uncomfortable questions:
Who’s on the other side of these trades?
Are retail traders driving price — or feeding a liquidation engine?
Is leverage draining momentum instead of fueling it?
This wasn’t just price movement.
It was a real-time wealth transfer.
Lesson: leverage cuts both ways — and when support breaks, the market doesn’t hesitate.
Did you survive the flush, or get caught in it? 👀
#XRP #CryptoLiquidations #MarketAlert #RiskManagement #BinanceSquare
