XRP takes the brunt of crypto selloff as $1bn liquidation flush hits market – DL News
- XRP fell more than 10%.
- Ethereum traders weathered $200 million in liquidations in 24 hours.
- Analysts say this isn’t the end of the 2025 rally.
Crypto traders woke up to a sea of red on Thursday after the total market shed $100 billion overnight.
XRP led the losses among the top 10 tokens, with its price plunging over 10% in 24 hours and briefly dipping below $3.
More than 315,000 traders were caught off guard, liquidating nearly $1 billion in positions, with Ethereum longs taking the biggest hit, according to CoinGlass data.
Despite giving back much of its gains, XRP is still up around 40% over the past month.
Data shows that most XRP liquidations came from…