Investment
Features
FeesSafety
Academy
More
Pluang+

XRP price rises 2.07% to $1.36 amid heavy short liquidations on major exchanges

Market News
08 Oct 2026
Tokenpost
View Source
Bullish
XRP price rises 2.07% to $1.36 amid heavy short liquidations on major exchanges

XRP's price increased from $1.33 to $1.36 within an hour on October 8, gaining 2.07%, despite being down 4.74% over the previous 24 hours. This price movement was recorded on Binance's spot XRP/USDT market. During the same period, liquidations totaled $80,000 for long positions and $180,000 for short positions across Binance, Bybit, and OKX, with short liquidations more than double the long ones. XRP remains the fifth largest cryptocurrency by market capitalization at about $83.63 billion, indicating ongoing active trading and volatility in the market.

XRP holds a significant market cap of Rp1.529,92 trillion on Pluang as of October 9, 2026, 01:41 WIB, with a 24-hour trading volume of Rp77,8 trillion. Despite the recent price volatility noted in the article, XRP's price on Pluang is down 4.11% over the past day, trading at Rp24.334. The platform shows a strong buying interest with 69% of orders as buys and a typical hold time of 72 days, indicating sustained investor engagement beyond short-term fluctuations.

More News (XRP)

Bitcoin dips below $81,000 amid broad crypto and US stock selloff, dampening hopes for October rally.

Bitcoin dips below $81,000 amid broad crypto and US stock selloff, dampening hopes for October rally.

Bitcoin fell below $81,000 on October 8 as a broad selloff impacted cryptocurrencies and U.S. stocks, weakening expectations for the usual October market rally. Bitcoin traded near $81,362 after briefly dropping below $80,000, with intraday lows vary...

Market News
Bearish
4 hours ago
IMF highlights XRP and Stellar as key blockchains in institutional stablecoin use cases

IMF highlights XRP and Stellar as key blockchains in institutional stablecoin use cases

The IMF's recent reports mention XRP Ledger and Stellar alongside Ethereum and Solana as public blockchains used by major banks for issuing regulated stablecoins, such as Société Générale's EUR CoinVertible. This signals growing institutional experim...

Market News
Neutral
4 hours ago
XRP Ledger activates permission delegation protocol amid 5.25% price drop to $1.36

XRP Ledger activates permission delegation protocol amid 5.25% price drop to $1.36

On October 8, 2026, the XRP Ledger activated the PermissionDelegationV1_1 protocol, allowing accounts to grant limited transaction rights to others without sharing full control. This update coincided with XRP trading at $1.36, down 5.25% from the pre...

Protocol Fundamentals
Neutral
4 hours ago
Bitcoin drops over 4% amid $1.1B crypto liquidations, pressuring leveraged traders and risk assets.

Bitcoin drops over 4% amid $1.1B crypto liquidations, pressuring leveraged traders and risk assets.

Bitcoin fell more than 4% to near $80,000 as crypto liquidations surpassed $1.1 billion, mainly affecting traders with long positions. Ether, XRP, and Solana also saw significant declines, reflecting broader market stress. Rising Brent crude prices a...

Market News
Bearish
5 hours ago
XRP falls nearly 7% as it fails to break $1.60 resistance amid profit-taking and market correction.

XRP falls nearly 7% as it fails to break $1.60 resistance amid profit-taking and market correction.

XRP has dropped nearly 7% over the past week after failing to surpass the $1.60 resistance level, with trading volumes remaining high around $3 billion. The broader crypto market is showing weakness as early investors begin to take profits, despite s...

Technical Signals
Neutral
5 hours ago
banner-footerbanner-footer

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