XRP longs hit by 2008% liquidation imbalance as selloff deepens
AI summary
XRP long positions are being liquidated at a rate 2008% higher than shorts as a broader market selloff intensifies. The imbalance means leveraged bulls are being forced out, which could accelerate downside pressure or set up a sharp squeeze if the selling exhausts. Traders should watch whether XRP can hold current levels, since the next move will likely set short-term sentiment.
