When Everyone's Long: XRP's $78M Lesson in Crowded Trades

When everyone's leaning the same direction, even a modest correction can trigger catastrophic liquidations. The numbers are staggering - an 8,782% imbalance between long and short liquidations reveals just how overcrowded the bullish trade had become.While the broader market saw $1.67 billion in liquidations, XRP's situation was particularly extreme. Of the $79.05 million in wiped-out positions, a crushing $78.16 million came from longs, while shorts barely registered at $890,000. This wasn't just a sell-off; it was a systematic flushing of over-leveraged optimism.The Damage Breakdown:Total XRP Liquidations: $79.05 millionLong vs Short: $78.16M longs vs $890K shortsPrice Impact: Dropped from $2.88 to $2.66 before partial recoveryMarket Context: Part of broader $1.67B liquidation waveWhat makes this notable isn't the absolute size - Ethereum saw nearly half a billion in liquidations - but the extreme one-sidedness. XRP's order books were so heavily weighted long that when the tide turned, there was literally no safety net. The rapid plunge from $2.88 to $2.66 happened in seconds for some traders.Always do your own research. For the full context, read the original article!Source: U.TodayWriter: Gamza KhanzadaevNarrator: RippleTalk via /r/RippleTalk https://ift.tt/pGBJa3l