An XRP whale on Hyperliquid faces a potential $30 million liquidation due to a highly leveraged long position amid recent price drops. The trader holds 27.9 million XRP with 20x leverage, currently suffering unrealized losses exceeding $672,000, and has depleted free margin after a $3.4 million weekly loss across their portfolio. Despite this, the investor is banking on historical trends showing XRP's average July gains of around 10%, hoping for a market rebound to turn losses into profits. If XRP's price rises to $1.22 as per historical median returns, the trader could recover losses and gain over $3 million, but liquidation looms if prices fall to $0.92 before July.
XRP's price is under pressure, falling 3.3% and nearing a critical support level at $1.10. If this support breaks, XRP could drop to $0.80, reflecting a 27% decline. Increased net inflows to exchanges and whale movements suggest significant selling a...
XRP has experienced a significant decline of 16.98% in June, driven by a breakdown in the monthly Bollinger Bands indicator that now points to a price target below $1. This drop follows a prolonged period of low volatility and consolidation, with sel...
XRP's price is trading within a tight range of $1.10 to $1.30, influenced by a balance between strong institutional demand via ETFs and recurring supply from scheduled escrow unlocks. Recent liquidation events have tested the lower boundary, but bids...
XRP is currently retesting a significant multi-year support level that has historically acted as a strong demand zone. Analysts are closely watching to see if buyers can defend this area, which could determine the cryptocurrency's next major price di...
Bitcoin is currently under selling pressure from institutions, but an AI-powered forecast from Finbold predicts a potential price increase to an average of $63,900 by July 1, representing a 2.54% rise from the current price of $62,230. This forecast ...
