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Ripple's XRP drops 2.7% in an hour to $1.51 amid $1.07M liquidations on Binance, Bybit, and OKX

Market News
29 Sep 2026
Tokenpost
View Source
Bearish
Ripple's XRP drops 2.7% in an hour to $1.51 amid $1.07M liquidations on Binance, Bybit, and OKX

Ripple's cryptocurrency XRP experienced a sharp decline of 2.71% within one hour, falling from $1.55 to $1.51 on September 29. This drop occurred despite XRP still being up 1.14% compared to 24 hours earlier. The decline coincided with liquidations totaling $1.07 million in long positions and $50,000 in short positions across major exchanges Binance, Bybit, and OKX. At the time, XRP remained the fifth largest cryptocurrency by market capitalization, valued at approximately $94.47 billion. This short-term volatility highlights ongoing market fluctuations for XRP and may impact investor sentiment in the near term.

While XRP fell 2.71% in one hour to $1.51 as reported, on Pluang it trades at Rp27.305, showing a 2.00% gain over the past day as of Sep 29, 2026 22:51 WIB. XRP's market cap on Pluang stands at Rp1.744,87 trillion, with a 63% circulating supply and a typical hold time of 71 days. This contrasts with the short-term volatility highlighted in the news, indicating a steadier performance among Pluang users.

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