🚨 XRP loans on Base triggered 883 liquidations, with $53M still exposed. Borrowers surrendered 4.18M cbXRP, but native XRP selling pressure remains unproven. This highlights protocol-level risk rather than broad market weakness.
Market Implication: Monitor liquidation cascades on lending platforms as a short-term sentiment gauge, but avoid overgeneralizing to spot price action.
What’s your take on lending protocol risk? 👇
#CryptoLiquidations
$XRP #TradingSignal #CryptoAnalysis
Market Implication: Monitor liquidation cascades on lending platforms as a short-term sentiment gauge, but avoid overgeneralizing to spot price action.
What’s your take on lending protocol risk? 👇
#CryptoLiquidations
$XRP #TradingSignal #CryptoAnalysis
