Traders betting on a price increase for XRP were caught off guard during a sudden market sell-off. In the past 24 hours, XRP saw a total of $31.48 million liquidated, with long liquidations reaching $29.54 million and short liquidations at $1.94 million, resulting in a long-short liquidation imbalance of 1522%. As of press time, XRP has fallen 8.18% in the past 24 hours, after surging to $1.65 on September 23rd, only to quickly reverse course and drop to a low of $1.45 in early trading on Thursday.