An hourly tally showed $5.62 million in liquidated XRP long positions versus $70,000 in shorts across three exchanges Thursday, as Binance’s spot quote fell 5.98% over four hours.
On Nov. 5, Binance’s XRP/USDT spot market showed $1.24 at 10:55 a.m. ET (15:55 UTC), down from $1.32 four hours before. The liquidation figures cover XRP positions on Binance, Bybit and OKX over a separate one-hour period.
The snapshot valued XRP at about $79.96 billion, making it the fifth-largest crypto asset by market capitalization.
A later reading from CoinGecko and exchange spot data put XRP at $1.25 at 11:12 a.m. ET (16:12 UTC), down 5.45% over 24 hours. The four-hour price change, one-hour liquidation tally and 24-hour decline describe different time windows.
