XRP Traders Panic as Short Sellers Meet Their Match in 4-Hour Chaos

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Oh, XRP, you sly devil! Short sellers thought they had you figured out, but in just four hours, they found themselves in a 1,190% liquidation nightmare. CoinGlass data reveals these poor souls lost $112,260 while XRP giggled its way to a price uptick. Who knew crypto could be this cruel-and so much fun?

XRP’s Bearish Bet Backfires: A Tale of Hubris and Hiccups

XRP had been on a 30-day downward spiral, shedding 25.90% of its value like a diva tossing confetti at her own funeral. Seven days later? Another 2.05% hit. Traders, thinking they’d spotted the next market trend, leaned in with bearish bets-only to be met with a surprise price spike. Classic. Just when they thought they’d mastered the art of crypto, XRP decided to host a chaotic cocktail party.

The long position traders, meanwhile, weren’t exactly sipping champagne. They lost a paltry $8,700 in the same window. Nothing says “success” like losing 12 times less than your rivals, right? But let’s be honest, in the world of XRP, “mild losses” are just the cost of admission to this financial rollercoaster.

XRP’s still trading below $1.5, which is about as exciting as a black-and-white movie. But hey, institutional interest saved the day, pushing ETF inflows to $4.05 million-a 80% surge that makes you wonder if Wall Street just discovered crypto and thinks it’s a game. At $1.43, XRP’s up 2.38% in 24 hours, bouncing from $1.38 to $1.44 like a trapeze artist on Red Bull. Trading volume? A sprightly $2.32 billion. Someone’s clearly betting on a comeback.

Ripple’s CEO: “Yes, XRP Is the Star of This Mess”

Despite the Bollinger Bands screaming “danger, Will Robinson!” and resistance levels looming like exes at a reunion, Ripple’s Brad Garlinghouse is out here calling XRP the “best-performing crypto.” Because nothing says “stability” like surviving a market correction while everyone else is crying in their lattes. Or maybe he just needs a stronger coffee.

So, will XRP keep its upward momentum? Only if the market participants decide to stop playing Russian roulette with their portfolios. Until then, it’s a dance of chaos, hope, and the occasional $1.44 peak. Buckle up, darlings-it’s going to be a bumpy ride.

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2026-02-21 17:48