Between November 7 and 13, 883 liquidation events occurred on the Morpho decentralized lending platform, seizing about 4.18 million wrapped XRP (cbXRP) tokens due to falling crypto prices affecting leveraged loans. These liquidations involved borrowers who used cbXRP as collateral to borrow USDC stablecoins on Coinbase's Base blockchain. Despite these liquidations, $53.5 million in USDC debt backed by 121.7 million cbXRP tokens remains outstanding. The liquidations highlight risks in XRP-backed borrowing amid market volatility, with potential for more liquidations if prices decline further, though borrowers can reduce risk by repaying debt or adding collateral.
XRP trades at Rp18.036 on Pluang as of Nov 14, 2026 18:41 WIB, down 2.93% in the last day, showing continued pressure on the token amid liquidation events in the lending market. The market cap stands at Rp1.145,82 trillion with a 24-hour volume of Rp42,08 trillion, indicating active trading despite the recent volatility. This price movement coincides with the news of 883 liquidations involving XRP-backed loans, highlighting the challenges faced by borrowers using XRP as collateral.
XRP dropped to $0.99 on November 14, marking its lowest daily low since November 2024, coinciding with the first anniversary of U.S. spot XRP ETFs. The price break below $1 followed a broad market sell-off that saw significant liquidations in major c...
XRP is showing signs of a possible price surge towards $2 after testing a critical support zone between $1 and $1.05, known as the Fair Value Gap (FVG). Analysts note a double-bottom pattern and low RSI indicating oversold conditions, suggesting sell...
A large transfer of 133,138,969 XRP tokens, valued at about $137 million, occurred between two unidentified wallets. The owners of these wallets and the reason for the transfer were not disclosed. There was no information linking this transaction to ...
In 2013, Ripple's account posted a message attributed to co-founder Chris Larsen stating that Ripple Labs would give away more than 50% of XRP tokens. The message indicated that the remaining tokens would be allocated to a group focused on software d...
XRP dropped below its August low of $0.985, reaching $0.98336 on Bitstamp, marking its lowest price since November 2024. This break of summer support triggered a liquidation cascade, accelerating the sell-off amid weak ETF inflows and a crypto market...
