Short positions in XRP worth $850,000 were automatically closed across three exchanges during an hour on Oct. 20, while long liquidations were far smaller and Binance's spot price rose to $1.33.
Binance's XRP/USDT spot market showed $1.33, up 2.20% from $1.30 an hour earlier. At the $1.33 observation, the 24-hour reading showed a 2.60% gain. Those percentages compare different periods that ended at the same spot quote.
The hour's liquidation tally showed $850,000 in short closures and $10,000 in long closures across Binance, Bybit and OKX. Liquidation means a trading position is closed automatically. Binance's price is one spot observation; the closure figures aggregate activity from three exchanges.
A previous Binance reading on Oct. 18 showed XRP at $1.29, alongside $240,000 in short liquidations and $0 in long liquidations for another hour. The two snapshots cover separate periods.
