XRP Surge: $5.665 Million Liquidation Highlights 13.40% Price Gain in Just 4 Hours

According to COINOTAG News on January 15th, recent data from Coinglass highlights a significant wave of liquidations in the cryptocurrency market. Over the past four hours, the total liquidation for XRP reached approximately $5.665 million. This figure is notable, with long positions liquidated at around $0.4223 million, while short positions accounted for a substantial $5.2441 million. In comparison, Bitcoin experienced liquidations totaling $4.218 million, and Ethereum saw liquidations amounting to $3.0592 million. As of the latest update, XRP is trading at $2.8698, reflecting a robust 24-hour gain of 13.40%. This data underscores the volatility inherent in the crypto market and the impact of liquidation events on major digital assets.