news 
XRP Prints 54,781% Liquidation Imbalance in Crazy Hourly Shorts Bloodbath
The cryptocurrency market has witnessed a staggering display of price volatility as the liquidation imbalance ratio for XRP reached an astonishing 54,781%. This development marks one of the biggest hourly liquidations in recent memory, with short position traders bearing the brunt of this unprecedented event.
As per CoinGlass data, it is evident that XRP’s rapid upswing from $3.21 to $3.36 triggered a catastrophic bloodbath among shorts, resulting in an astonishing $281,180 loss for these traders within 60 minutes.
Source: u.today
