Hold onto your hats, folks! XRP is taking a nosedive like a rock from a high cliff, and it’s not pretty.
Imagine this: in just 24 hours, traders who dared to bet on XRP’s fairy-tale rise got slammed with a whopping $2 million in liquidations. Yep, that’s right-longs got their wallets pinched hard, while the shorts barely felt a tickle. 😲
According to some clever data from CoinGlass (who probably has a crystal ball), around $1.62 million in long positions vanished into thin air, leaving only about $365,680 behind in shorts. It’s a liquidation imbalance so wild, it makes a circus act look boring-up by 342.9%!
This isn’t just bad luck; it’s a calamity! Bulls are bleeding while bears are chuckling all the way to the bank. So much for dreaming of a comeback, huh?
XRP-The 2025 Wallflower Ending in Deep Red?
Once upon a time, XRP had hopes of shining bright, reaching the mid-year heights and maybe, just maybe, turning the tide. But nope! It’s more like a sinking ship, and 2025 looks set to finish in the red – as deep as a dragon’s lair.
Despite countless “attempts” to bounce back, XRP just can’t catch a break. It’s like trying to catch a greased pig. Its price has been doing the Cha Cha – up and down, with a big downward swing for most of Q3. Talk about a tear-jerker!
From a fancy high of $3.65 to a sad, lonely low near $1.65, XRP has lost almost all its gains this year – a grand total of 11.3%. Who knew that a little rollercoaster could turn into a free fall?
And as if that wasn’t enough, XRP’s ETFs (whatever those are) are just sitting there, staring at the ceiling, with no new inflow of cash. Looks like everyone’s lost faith in this wild, wacky crypto ride.
So, buckle up, brave investors! XRP’s 2025 might just end in a big, gloomy splash. Or should we say, a liquidational splash? Either way, it’s a story worth watching – with popcorn, of course.
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2025-12-27 22:41