Unusual 2,306% Imbalance Stuns XRP Bulls in Daily Crypto Bloodbath
XRP traders felt the heat over the last 12 hours as long positions were wiped out at a rate that is difficult to ignore. Liquidations on the long side added up to $9.94 million, while shorts barely registered to $431,260. That is a 2,306% difference — a rare imbalance, even for crypto.
You do not see this kind of ratio every day, and what it indicates is that a large group of traders expected XRP to rise, but then the market pulled back quickly.
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Crypto liquidations across the board for the same time…
