Key Highlights XRP experienced $16.7 million in total liquidations on Friday, heavily driven by $16 million in wiped-out long positions. Trading volume plunged 44.7% as XRP slipped to $1.16, placing the critical $1.15 support line under immediate threat. A technical breakdown below $1.15 risks a cascade of nearly $1 million in additional liquidations, potentially exposing ...
Key Highlights XRP’s network value-to-transactions (NVT) ratio dropped 69.28% to 36.97, pointing to a potential surge in onchain network usage relative to its market capitalization. Long liquidations have recently outpaced short liquidations on Binance, highlighting vulnerability among bullish derivative traders following downward price movements. U.S. spot XRP ETFs recorded $121.4 million in September inflows, though ...
Ripple Unlocks 1 Billion XRP in September Escrow Release Ripple has unlocked 1 billion $XRP as part of its regular monthly escrow release, according to…