COINOTAG recommends • Exchange signup |
💹 Trade with pro tools |
Fast execution, robust charts, clean risk controls. |
👉 Open account → |
COINOTAG recommends • Exchange signup |
🚀 Smooth orders, clear control |
Advanced order types and market depth in one view. |
👉 Create account → |
COINOTAG recommends • Exchange signup |
📈 Clarity in volatile markets |
Plan entries & exits, manage positions with discipline. |
👉 Sign up → |
COINOTAG recommends • Exchange signup |
⚡ Speed, depth, reliability |
Execute confidently when timing matters. |
👉 Open account → |
COINOTAG recommends • Exchange signup |
🧭 A focused workflow for traders |
Alerts, watchlists, and a repeatable process. |
👉 Get started → |
COINOTAG recommends • Exchange signup |
✅ Data‑driven decisions |
Focus on process—not noise. |
👉 Sign up → |
- XRP, the cryptocurrency associated with Ripple Labs Inc., has recently faced significant liquidations amid a market downturn.
- Within the past 24 hours, data reveals that traders holding 24.2 million XRP experienced severe liquidations.
- The cumulative liquidations totaled approximately $11.4 million, raising concerns among investors.
Discover why XRP is under intense scrutiny amid market instability, and what this means for its future.
XRP Liquidations in Current Market Scenario
In an environment where cryptocurrencies are experiencing substantial market stress, XRP has emerged as one of the most heavily liquidated assets. CoinGlass data highlights that XRP traders suffered liquidations amounting to $11.4 million within just a day. This exodus reflects broader instability within the digital asset realm.
Breakdown of Trade Liquidations
Digging deeper into the numbers, long position traders bore the brunt, losing $10.21 million, whereas short positions saw a relatively minor liquidation of $1.2 million. The disparity indicates a sharper than anticipated drop in XRP’s market price, forcing long position holders to liquidate under pressure.
Ripple v. SEC Case: Potential Impact
The market turbulence surrounding XRP coincides with developments, or rather the lack thereof, in the ongoing legal battle between Ripple Labs and the U.S. Securities and Exchange Commission (SEC). The sudden cancellation of a closed-door meeting has stalled the proceedings, leaving the community in anticipation and uncertainty. This legal deadlock has significantly influenced market sentiment, contributing to the recent sell-off in XRP.
COINOTAG recommends • Professional traders group |
💎 Join a professional trading community |
Work with senior traders, research‑backed setups, and risk‑first frameworks. |
👉 Join the group → |
COINOTAG recommends • Professional traders group |
📊 Transparent performance, real process |
Spot strategies with documented months of triple‑digit runs during strong trends; futures plans use defined R:R and sizing. |
👉 Get access → |
COINOTAG recommends • Professional traders group |
🧭 Research → Plan → Execute |
Daily levels, watchlists, and post‑trade reviews to build consistency. |
👉 Join now → |
COINOTAG recommends • Professional traders group |
🛡️ Risk comes first |
Sizing methods, invalidation rules, and R‑multiples baked into every plan. |
👉 Start today → |
COINOTAG recommends • Professional traders group |
🧠 Learn the “why” behind each trade |
Live breakdowns, playbooks, and framework‑first education. |
👉 Join the group → |
COINOTAG recommends • Professional traders group |
🚀 Insider • APEX • INNER CIRCLE |
Choose the depth you need—tools, coaching, and member rooms. |
👉 Explore tiers → |
XRP’s Current Market Performance
Despite these challenges, trading volumes for XRP surged by 213.9% to reach $3.2 billion, indicating re-energized investor activity. However, the asset’s value plummeted by 18.05% on the daily chart, with prices spiraling down to $0.488. These contradictory signals point to a complex market dynamic that investors are keenly watching.
Comparative Analysis with Other Cryptocurrencies
XRP’s recent liquidation figures are part of a broader trend affecting the cryptocurrency market. Bitcoin (BTC) and Ethereum (ETH) have also experienced significant liquidations, with losses amounting to $387.27 million and $358.32 million, respectively. Smaller altcoins like Cardano (ADA) and Solana (SOL) recorded liquidations of $4.2 million and $62.35 million, underscoring a widespread market retreat.
COINOTAG recommends • Exchange signup |
📈 Clear interface, precise orders |
Sharp entries & exits with actionable alerts. |
👉 Create free account → |
COINOTAG recommends • Exchange signup |
🧠 Smarter tools. Better decisions. |
Depth analytics and risk features in one view. |
👉 Sign up → |
COINOTAG recommends • Exchange signup |
🎯 Take control of entries & exits |
Set alerts, define stops, execute consistently. |
👉 Open account → |
COINOTAG recommends • Exchange signup |
🛠️ From idea to execution |
Turn setups into plans with practical order types. |
👉 Join now → |
COINOTAG recommends • Exchange signup |
📋 Trade your plan |
Watchlists and routing that support focus. |
👉 Get started → |
COINOTAG recommends • Exchange signup |
📊 Precision without the noise |
Data‑first workflows for active traders. |
👉 Sign up → |
Conclusion
The substantial liquidations in XRP highlight the volatility and uncertainties defining the current cryptocurrency landscape. As traders adjust their strategies amid ongoing legal challenges and market shifts, the future trajectory of XRP remains in flux. Investors are advised to stay informed and exercise caution, given the unpredictable nature of these digital assets.
COINOTAG recommends • Members‑only research |
📌 Curated setups, clearly explained |
Entry, invalidation, targets, and R:R defined before execution. |
👉 Get access → |
COINOTAG recommends • Members‑only research |
🧠 Data‑led decision making |
Technical + flow + context synthesized into actionable plans. |
👉 Join now → |
COINOTAG recommends • Members‑only research |
🧱 Consistency over hype |
Repeatable rules, realistic expectations, and a calmer mindset. |
👉 Get access → |
COINOTAG recommends • Members‑only research |
🕒 Patience is an edge |
Wait for confirmation and manage risk with checklists. |
👉 Join now → |
COINOTAG recommends • Members‑only research |
💼 Professional mentorship |
Guidance from seasoned traders and structured feedback loops. |
👉 Get access → |
COINOTAG recommends • Members‑only research |
🧮 Track • Review • Improve |
Documented PnL tracking and post‑mortems to accelerate learning. |
👉 Join now → |