Abnormal 51,209% Liquidation Imbalance Absolutely Stuns XRP Bears

Something unusual just happened on crypto derivatives platforms, and XRP is at the center of it. Recently, the market saw over $337 million in liquidations, according to CoinGlass, but XRP stood out with a liquidation footprint of $415,610 in the last hour. That alone would not be surprising, but the split behind that number would.

According to real-time data, almost the entire XRP liquidation volume was concentrated on the short side. Longs were almost untouched at just $812.87, while short positions lost a shocking $414,800 – a ratio that translates to a liquidation imbalance of over 51,209%.

You Might Also Like

Title news

While shorts were being wiped out, the XRP price climbed higher, reclaiming the $2.98 level after rebounding from a local dip under $2.95. The spot chart shows a sharp but calculated climb, with barely any slippage on the way up.

Article image
Source: CoinGlass

This kind of liquidation profile usually means forced exits at price points that cannot be defended, suggesting that many expected a breakdown that never came. Instead, XRP shot up, probably causing a chain reaction of stops. With everyone’s attention on Bitcoin and Ethereum, XRP’s move was pretty under the radar – but that might not last.

You Might Also Like

Title news

The liquidation heatmap shows that most other assets – including ETH and BONK – experienced more balanced or even opposite flows. Ethereum, for example, saw $2.68 million in total liquidations, but they were split more evenly between long and short.

For XRP, the imbalance raises concerns. Either way, it is a clean technical reset, and with the price now under $3.00, the chart could be setting up for something bigger than just a bounce.

Source: https://u.today/abnormal-51209-liquidation-imbalance-absolutely-stuns-xrp-bears