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XRP Bulls Hit Hard With 1,058% Liquidation Imbalance

By Dan Burgin · Published February 28, 2026 · 2 min read · Source: U.Today
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XRP Bulls Hit Hard With 1,058% Liquidation Imbalance

News By Dan Burgin Sat, 28/02/2026 - 11:41 Why is XRP price down today? Advertisement XRP Bulls Hit Hard With 1,058% Liquidation Imbalance
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On Saturday, XRP bulls suffered extreme liquidations as XRP price declined 7.23%. 

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XRP liquidation data shows growing pressure on leveraged traders, with liquidations heavily skewed toward long positions.

In the past hour, total liquidations reached $493.94K, including $135.74K in longs and $358.19K in shorts. Over the last four hours, liquidations climbed to $4.80 million, with $3.92 million in long positions and $880.69K in shorts.

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The imbalance becomes more pronounced over longer timeframes. In the past 12 hours, total liquidations hit $9.14 million, including $8.08 million in longs and $1.06 million in shorts.

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Over the last 24 hours, liquidations totaled $13.86 million, with $12.56 million in long positions compared to $1.31 million in shorts, indicating that bullish traders have borne the majority of recent losses.

XRP is currently trading at $1.28, down 7.19% over the past 24 hours, with its market capitalization falling 7.08% to $78.77 billion.

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Source: CoinMarketCap

XRP price and crypto crash amid global unrest

On Saturday, cryptocurrencies and crypto-related stocks fell alongside a broader risk-off move in markets, with XRP trading in the red.

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Saturday's sell-off, which saw over $515 million in total liquidations in the last 24 hours, comes as investors considered recent macro concerns. About $128 billion in value was erased from the total crypto market capitalization, according to data from CoinGecko.

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The decline comes amid elevated selling pressure, despite strong trading activity. 24-hour volume has risen 27.8% to $3.94 billion, pushing the Vol/Mkt Cap ratio to 4.99%, which signals increased participation during the downturn.

The combination of a sharp price drop and rising volume suggests active distribution and profit-taking, potentially amplified by short-term traders reacting to broader market weakness. 

High volume during a decline often reflects aggressive selling and possible liquidation pressure in derivatives markets, contributing to XRP’s downside move today.

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