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XRP Falls to $1.12 as Long Liquidations Reach $21.86 Million

Binance, Bybit and OKX recorded no short liquidations in the hour ending 4:56 p.m. ET Sunday, Nov. 8.

Updated 1 min read
An editorial graphic depicts XRP’s hourly decline alongside a sharp imbalance in long liquidations. / EconoTimes.ai
An editorial graphic depicts XRP’s hourly decline alongside a sharp imbalance in long liquidations. / EconoTimes.ai

XRP (XRP) fell from $1.15 to $1.12 during the hour ending 4:56 p.m. ET Sunday, Nov. 8 (21:56 UTC), as three exchanges recorded $21.86 million in long liquidations and none in shorts.

Binance, Bybit and OKX were the venues included in the snapshot. The tally excludes liquidations on other venues and reflects one hour, rather than a full day’s activity. The snapshot also placed XRP fifth by market capitalization.

CoinGecko and exchange spot data put XRP at $1.10, down 4.85% over 24 hours, as of 20:17 UTC Monday, Nov. 9. That percentage covers a separate period from the one-hour price move.

A Nov. 4 EconoTimes snapshot from the same exchanges showed a different pattern: XRP gained 2.33% during the hour, while short liquidations totaled $1.52 million and long liquidations were zero.

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