Ether, SOL and XRP slide as crypto liquidations reach $580 million
AI summary
A broad crypto selloff pushed ether, SOL and XRP lower, with liquidations totaling $580 million across the market. Coinbase spot markets showed SOL trading below $82 and XRP below $1.05, while bitcoin extended its decline beneath $73,000. The scale of forced selling signals deleveraging pressure that traders watch for signs of a deeper correction or a capitulation bottom.
