🚨 $40 million in XRP wiped out in just hours 💸⚡
Take a moment to process this: about $40.36 million in XRP positions were liquidated within 12 hours. This wasn’t an ordinary pullback. It was a rapid liquidation cascade.
What happened: 🔹 More than 96% of the liquidations came from long positions
🔹 Traders positioned for upside were forced out almost instantly
🔹 A classic long squeeze played out, clearing out leveraged positions fast and aggressively
While many talk about holding through volatility, the reality today was harsh. Tens of millions backed by strong conviction disappeared in a matter of hours.
The bigger picture: Across the broader crypto market, roughly $874 million was liquidated in the same period. XRP traders felt a heavy blow, while whales and market makers benefited from cheaper entries and collected fees along the way.
The real question: If $40 million can vanish this quickly after a single support level breaks, is the market truly shaped by traders, or is it structured to trap overleveraged retail participants?
This wasn’t just price movement. It was a live transfer of wealth.
Your take: did you make it through the XRP flush, or did liquidation catch you off guard? How much more pressure can the market realistically absorb?
#XRP #XRPArmy #CryptoLiquidation #WealthTransfer #CryptoNews
