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XRP Price Falls to $1.17 as $30 Million in Long Positions Face Liquidation

Summary by coinstats.app
In Brief: XRP traders suffered over $30 million in long liquidations across five days as declining prices triggered widespread leveraged trading losses. Binance recorded $8.06 million in XRP liquidations, while technical indicators showed weakening momentum and resistance forming near the $1.271 level. CoinGlass identified $1.1588 as a critical downside liquidation level, with further price declines potentially triggering additional forced posit…
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🚨 $9.57 million worth of XRP was liquidated in 24 hours. 📉 $9.27 million of the liquidations came from long positions, while $XRP traded at $1.16. 📊 Friday's $16.7 million liquidation came after the volatile market period following November 5th. Read More: Liquidations in XRP Reach $9.57 Million in 24 Hours The article "Liquidations in XRP Reach $9.57 Million in 24 Hours" first appeared on COINTURK.

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Leveraged XRP long positions paid out $30 million in liquidations in five days, absorbing 95.54% of Friday's losses and pushing the price down to $1.16.

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u.today broke the news on Saturday, November 7, 2026.
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