According to Coinglass, $9.57 million in XRP positions were liquidated across exchanges over the past 24 hours. Long positions accounted for $9.27 million, compared with $299,997 in shorts, creating a 3,090% imbalance. Liquidations reached $16.7 million on Friday, including $16 million in longs. XRP was trading at $1.16, down 1.81%, with a market capitalization of $72.7 billion, while trading volume fell 44.7% and XRP exchange-traded funds recorded zero net flows on Friday. The $1.15 level is the last support before a possible decline toward $1, while a rise above $1.20 would signal a return to an upward trend.
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