he move up in $XRP pulled in plenty of leveraged longs.

Then the market turned.

Another wave of high-leverage long positions has been liquidated, wiping out traders who chased the upside with too much leverage.

The same cycle keeps repeating.

Price moves up → leverage piles in → the market pulls back → longs get wiped out.

#XRPExchangeReservesHitSevenYearLow