1 hour ago

XRP Long Liquidations Surge 832% as Derivatives Market Undergoes Forced Reset

TLDR: XRP long liquidations surged 832% over the past week, reaching nearly $3.0 million in forced exits. Open Interest dropped from $1.18B to $1.04B, reflecting an 11.1% monthly decline in leveraged exposure. Binance XRP reserves fell just 0.35% weekly, showing spot holders remained calm amid futures turmoil. A Tom DeMark “9” buy signal and Morning [...]

The post XRP Long Liquidations Surge 832% as Derivatives Market Undergoes Forced Reset appeared first on Blockonomi.

Source: Blockonomi →