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Ripple's XRP drops 6.68% in 24 hours, hitting $1.33 amid $2.61M long liquidations

Market News
08 Oct 2026
Tokenpost
View Source
Bearish
Ripple's XRP drops 6.68% in 24 hours, hitting $1.33 amid $2.61M long liquidations

Ripple's cryptocurrency XRP fell sharply by 5.21% in four hours to $1.33, extending its 24-hour decline to 6.68%. The drop was recorded on Binance's spot XRP/USDT market, with prices falling from $1.40 to $1.33. During this period, long liquidations across Binance, Bybit, and OKX totaled $2.61 million, indicating forced closures mainly among traders betting on price increases. XRP remains the fifth largest cryptocurrency by market capitalization at about $84.59 billion. This decline highlights increased selling pressure and potential volatility in XRP trading.

Following the recent sharp drop in XRP prices noted in the news, on Pluang XRP trades at Rp23.769 with a 1-day decline of 6.28% as of Oct 09, 2026 00:41 WIB. The market cap stands at Rp1.530,8 trillion, and the 24-hour trading volume reaches Rp70,88 trillion. Pluang users show a buying interest with 69% buy orders and a typical holding period of 72 days, reflecting ongoing engagement despite recent volatility.

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