XRP Sees Fourth Highest Liquidations as ETF Rumor Leads to Wild Price Turbulence

(Beth Macdonald/Unsplash)

But leveraged traders had already piled on their traders by then. Data shows that over 75% of traders from the total XRP liquidations were longs, or bets on higher prices, meaning those traders placed nearly $5 million in orders in that short time span without confirming the authenticity of the filing.

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