XRP Market Witnesses Extreme 63,500% Liquidation Disparity in Single-Hour Trading Wipeout

In a dramatic one-hour trading period, XRP experienced an unprecedented 63,500% liquidation imbalance with $635,000 worth of long positions eliminated against only $1,000 in shorts. Despite just a 1% price decline to around $2.82-2.84, overleveraged positions triggered a massive cascade of liquidations.