XRP Traders Crushed as $7.18M Longs Liquidated in Brutal Market Shakeout

A major liquidation wave has sent shockwaves through the XRP market, leaving long traders with steep losses. According to CoinGlass, $7.18 million worth of long positions were liquidated, compared to only $738,000 in short positions.

This huge one-sided action occurred despite the fact that the price of XRP dropped only approximately 4%. On the long side, these losses have been of great concern in relation to the levels of exposure to bullish trades.

Several market participants had carved positions on the sustenance of the upward thrust. This confidence, however, soon disintegrated as the price went against them.

Other dominant assets, such as Ethereum and Bitcoin, also racked up massive liquidations. $50.34 million was shaved off ETH, and BTC ranked second, losing $35.62 million, but neither had such a huge long-short gap.

The arrangement in XRP was precarious with the pessimistic perceptions of bullishness. Unprotected in the hedges, long positions were smashed in clumsily under even the slightest selling pressure.

Also Read: U.S. Government Could Seize Ripple’s 37B XRP Escrow After Court Ruling

One-Sided Market Structure Exposed as Support Vanishes

Charts from CoinGlass indicate that the liquidation event was not driven by extreme volatility. Instead, the market’s structure left long positions vulnerable once support levels failed.

Heavy optimism led traders to open high-leverage positions, expecting gains to continue. As prices fell back, liquidation levels were rapidly reached, producing a chain reaction.

Those with short positions did not change much during the dip. This imbalance illustrates how weak the downside support within the market was to absorb the selling pressure.

Over-exposure towards the long side increased the harm since traders ignored the initial indications of momentum slimming and suffered when the market reversed.

Consequently, XRP’s liquidation pattern was unlike its peers, with the nearly 1,000% difference between long and short liquidations marking a clear departure from broader crypto trends.

Conclusion

The XRP market witnessed a sharp breakdown fueled by one-sided positioning and a lack of support. While the price dip was slight, the impact on long traders was severe. The imbalance now stands as a stark reminder of the risks tied to unhedged, overly bullish trading strategies.

Also Read: GOR Token Surges in Solana Rankings as Traders Eye Major Bullish Breakout

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