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XRP Market Sees 980% Liquidation Imbalance, Longs Hit Hard by Sell-Off
According to CoinGlass data, the XRP market saw a 980% liquidation imbalance, with long positions (traders betting on price increases) taking a hit amidst a market sell-off. Of the total $11.99 million in liquidations, long liquidations accounted for $10.88 million. XRP has fallen by 3.82% in the past 24 hours, briefly dropping to $1.47 in early trading after surging to $1.62 on September 25.
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Disclaimer: This content reflects the author's personal views only and does not constitute investment advice.
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