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XRP loans on Base trigger 883 liquidations with $53M still at risk

XRP loans on Base trigger 883 liquidations with $53M still at risk
AI summary

XRP-backed loans on the Base network triggered 883 liquidations as borrowers surrendered 4.18 million cbXRP. Roughly $53 million in collateral remains at risk of further forced selling. Traders should watch whether more liquidations hit the market, though a direct link to native XRP selling is not proven.

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