XRP Price Drop Leads to $29 Million Long Position Liquidation
The recent crash marks the largest long liquidation event in XRP since November 2025, highlighting heightened volatility in the cryptocurrency markets.
XRP
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Terms & Concepts
Long Position: An investment strategy in which an asset is bought with the expectation that its price will rise.
Liquidation: The forced closing of a trader’s position due to insufficient margin to cover losses.
XRP: A cryptocurrency used for payment settlements, created by Ripple Labs.