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XRP price rises 2.11% in an hour amid $370K short liquidations

Market News
28 Sep 2026, 15:53 WIB
Tokenpost
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Bullish
XRP price rises 2.11% in an hour amid $370K short liquidations

XRP's price increased by 2.11% within one hour to $1.52, partially recovering from a 24-hour decline. This rise was driven by $370,000 worth of short position liquidations on exchanges like Binance, Bybit, and OKX, while no long positions were liquidated. Despite this hourly gain, XRP still fell 1.21% over the past day and remains the fifth largest cryptocurrency by market cap at around $93.8 billion. The short liquidations indicate some traders betting against XRP were forced to close positions, which temporarily boosted the price.

XRP trades at Rp27,325 on Pluang as of Sep 28, 2026 20:06 WIB, down 0.74% over the past day despite the short liquidations noted in the article. The platform shows a market cap of Rp1.685,81 trillion and a 24-hour volume of Rp68,2 trillion, with 74% of Pluang users buying XRP and a typical hold time of 71 days. This contrasts with the article's mention of a 2.11% hourly price jump to $1.52 triggered by $370,000 in short liquidations, illustrating different time frames and market dynamics.

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