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XRP Bloodbath: $18.8M Wiped Out in Liquidation Frenzy as Crypto Markets Go Berserk
XRP Bloodbath: $18.8M Wiped Out in Liquidation Frenzy as Crypto Markets Go Berserk
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Crypto traders got a brutal reminder of XRP’s volatility today as $18.8 million in positions got liquidated—proof that even ’stable’ altcoins aren’t safe when the market catches a cold.
The sudden moves come as Bitcoin’s latest price swings send shockwaves through altcoin markets. XRP’s 15% intraday drop triggered cascading liquidations, leaving leveraged traders nursing losses.
Meanwhile, institutional investors keep pretending they ’saw this coming’ while quietly adjusting their risk models. Because nothing says ’mature asset class’ like nine-figure liquidations before lunch.
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