🚨 $40M XRP Liquidated in Hours — What Just Happened?

Take a moment to absorb this number: $40,360,000.

That’s how much XRP positions were wiped out in a matter of hours.

This wasn’t a normal pullback. This was a textbook liquidation event.

Here’s the breakdown 👇

📉 96% of liquidations were LONG positions

⏱️ Happened within a ~12-hour window

🎯 A clear long squeeze designed to flush leverage from the system

While many talk about HODLing, the data tells a harsher story — $40M in leveraged conviction was force-closed, instantly.

Zooming out 📊

🌍 $874 MILLION liquidated across the entire crypto market today

XRP traders absorbed a significant share of that damage

When this much capital disappears so fast, it raises uncomfortable questions:

Who’s on the other side of these trades?

Are retail traders driving price — or feeding a liquidation engine?

Is leverage draining momentum instead of fueling it?

This wasn’t just price movement.

It was a real-time wealth transfer.

Lesson: leverage cuts both ways — and when support breaks, the market doesn’t hesitate.

Did you survive the flush, or get caught in it? 👀

$XRP

#XRP #CryptoLiquidations #MarketAlert #RiskManagement #BinanceSquare