The XRP trading market recently staged a liquidation feast. Long positions were ruthlessly wiped out, totaling $1.62 million, while the shorts also fared poorly, losing $365,680. In comparison, this caused a severe supply and demand imbalance of 342.9%. As for the price, it has been declining steadily, dropping from a high of $3.65 at the beginning of this year to around $1.65 recently, a decrease of 11.3%. Many are speculating that at this pace, the asset might continue to bottom out by the end of 2025.
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LongTermDreamer
· 2h ago
Haha, this is called "double kill," both bulls and bears get nothing... I saw this scene three years ago, history loves to repeat itself.
Falling from 3.65 to 1.65 looks like a loss, but in fact, it's accumulating chips for the next cycle. Trust me.
Anyway, all the idle money has been invested. So what if it continues to bottom out? Looking back three years later, it's all bargain prices.
This round of liquidation was indeed tragic, but the more it falls, the happier I am. It's cheap now.
Closing at a bottom in 2025? Then the rebound in 2028 will be particularly fierce, as cycle theory tells me.
Supply and demand imbalance 342.9%... Data is misleading; it's actually the market re-pricing process, normal.
Compared to losing 1.62 million, I prefer this kind of extreme rebound opportunity. It's a cycle, after all.
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CryingOldWallet
· 12h ago
It's another slaughterhouse, double kill, this is
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AirdropF5Bro
· 12h ago
Another big show of cutting leeks, both bulls and bears will die.
XRP's drop speed... feels like there's still hope before the end of the year.
$1.62 million wiped out directly? Damn... how many people will die from this?
From 3.65 down to 1.65, now that's real market action; previous moves were all pointless.
Bulls made money? Not possible, losses are the same, who wins or loses all depends on luck.
342.9% imbalance? This number clearly indicates something's going to happen.
I bet five cents that 2025 will continue to hit new lows.
The liquidation feast is just a death banquet; no one truly wins.
If this pace continues, XRP will probably have to kneel.
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TaxEvader
· 12h ago
Both sides got sliced, this liquidation is truly absolute.
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RugPullProphet
· 12h ago
Longs and shorts are both being cut, this is called fairness😂
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DuskSurfer
· 12h ago
Oh no, they're back to harvest again. Bulls and bears both get caught; no one can survive.
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AirdropHarvester
· 12h ago
Another slaughterhouse, both bulls and bears have been wiped out haha
Falling from 3.65 to 1.65, I told you this wave was fierce
No one got any meat from the liquidation feast, it's all blood
XRP's rhythm... 2025 might have to go to the Earth's core
Supply and demand imbalance 342%? Just looking at this data makes me dizzy
Another day of bulls being wiped out in a group
An 11.3% drop is nothing, just wait and see what happens next
The XRP trading market recently staged a liquidation feast. Long positions were ruthlessly wiped out, totaling $1.62 million, while the shorts also fared poorly, losing $365,680. In comparison, this caused a severe supply and demand imbalance of 342.9%. As for the price, it has been declining steadily, dropping from a high of $3.65 at the beginning of this year to around $1.65 recently, a decrease of 11.3%. Many are speculating that at this pace, the asset might continue to bottom out by the end of 2025.