🚨 XRP led the $1.5B liquidation wave, with nearly 84% of forced closures tied to long positions. Binance absorbed almost half the total pain. A rebound is now catching short sellers, signaling potential short-term relief.
Market Implication: High leverage long liquidations often precede a bounce, but caution is warranted until funding rates normalize.
#CryptoLiquidations
$XRP #TradingSignal #CryptoAnalysis
Market Implication: High leverage long liquidations often precede a bounce, but caution is warranted until funding rates normalize.
#CryptoLiquidations
$XRP #TradingSignal #CryptoAnalysis
