After days of decline and calm, XRP returned to turn the tables in the derivatives market.
In just one hour, the market witnessed a rare and noteworthy event:
📉 Full liquidation of short positions
📊 0 dollars liquidation of long positions
This scenario doesn't happen often... and when it does, it sends a clear signal about market sentiment.
🔍 According to CoinGlass data:
Approximately $1.25 million in liquidations were recorded within one hour,
And almost all of them were against traders who bet on XRP's decline.
📈 The price responds quickly
After XRP dropped to around $1.80 on December 18,
It returned to reclaim the $1.95 level in a short time, indicating a return of buying momentum.
This rise was supported by:
General improvement in the cryptocurrency market
Strong flows associated with XRP ETF products
Clear confidence from traders in the futures market
🧠 Why is this event important?
When we notice:
One-sided liquidations
Complete absence of long liquidation
This often indicates that the price is moving in only one direction,
And liquidity is being redirected in favor of the bullish trend.
⚠️ A smart note for traders:
Rare events do not occur often,
But when it appears, it is a direct message from the market to those who understand the language of liquidity.
📌 Are we facing an extended bullish wave for $XRP ?
Or just a temporary bounce before a larger movement?
The answer is always with the market... and liquidity does not lie.
#Xrp🔥🔥 #CryptoNewss #Market_Update #TrendingTopic #BinanceSquare
