XRP Eyes $0.95 Floor After 1,614% Liquidation Imbalance Triggers Price Flush – U.Today
A major imbalance in XRP margin positions has been recorded on the derivatives market, as a six-month downtrend kept pushing quotes lower from the $3.50 peaks, while June’s 8.19% drop since the start of the month triggered a mass closure of long positions. The fall below the psychological $1.25 threshold sparked a long squeeze, during which...
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