Investment
Features
FeesSafety
Academy
More
Pluang+

XRP sees $9.6M long liquidations after 2% dip, causing a 2,809% liquidation imbalance.

Market News
07 Aug 2026
UToday
View Source
Bearish
pluang ai news

XRP experienced a significant liquidation event where $9.6 million in long positions were wiped out following a minor 2.2% price drop to $1.014. This triggered a cascade of forced liquidations due to heavy leverage, creating a 29:1 imbalance between buyer and seller losses. The price quickly recovered to around $1.04 as large investors bought the dip, but the market remains sensitive to further drops below the key $1.03 level, which could trigger more liquidations. This event has cleared speculative excess, potentially stabilizing XRP's price structure in the medium term.

More News (XRP)

Ripple's engineering chief to unveil XRP Ledger's future upgrades at XRP Seoul 2026 event.

Ripple's engineering chief to unveil XRP Ledger's future upgrades at XRP Seoul 2026 event.

Ripple's Senior Director of Engineering, J.A. Akinyele, will present the next developments for the XRP Ledger at the upcoming XRP Seoul 2026 event on October 3. The XRP Ledger recently launched version 3.3.0, which includes six new amendments and num...

Protocol Fundamentals
Bullish
6 hours ago
Official XRP and XRPL icons added to Font Awesome after 7 years, boosting web legitimacy.

Official XRP and XRPL icons added to Font Awesome after 7 years, boosting web legitimacy.

After a 7-year campaign, the official XRP token and XRP Ledger (XRPL) logos have been added to Font Awesome's icon library in its June 2026 update. This inclusion allows web developers and crypto platforms to easily display the official XRP brand wit...

Protocol Fundamentals
Bullish
6 hours ago
XRP hits lowest close of 2026, testing critical $1 support level amid bearish pressure.

XRP hits lowest close of 2026, testing critical $1 support level amid bearish pressure.

XRP has recorded its lowest daily close of 2026, falling back to the $1.00 support zone first tested in June. This decline follows weeks of resistance at key moving averages, signaling strong bearish momentum. Traders are watching closely to see if X...

Technical Signals
Neutral
7 hours ago
XRP falls as US Senate delays CLARITY Act vote, extending crypto regulatory uncertainty.

XRP falls as US Senate delays CLARITY Act vote, extending crypto regulatory uncertainty.

XRP's price dropped after the US Senate postponed the vote on the CLARITY Act, a bill aimed at clarifying crypto regulations. This delay prolongs uncertainty around which federal agencies oversee digital assets, causing traders to price in higher ris...

Market News
Bearish
8 hours ago
Bitcoin steadies near $64,700 as Middle East tensions push Brent crude above $83 a barrel.

Bitcoin steadies near $64,700 as Middle East tensions push Brent crude above $83 a barrel.

Bitcoin remains stable around $64,700 despite escalating Middle East tensions following an attack by Yemen’s Iran-linked Houthis on Saudi Arabia, which has driven Brent crude oil prices above $83 a barrel. This geopolitical unrest has also boosted go...

Market News
Neutral
9 hours ago
banner-footerbanner-footer

Invest & Trade with
#1 Award-Winning Investment Super App