The crypto market is extending a selloff from the weekend, with most assets trading in the red as traders weigh inflation concerns. XRP fell 3.82% in 24 hours, dropping from a high of $1.62 reached on September 25 to a low of $1.47 on Monday. A liquidation imbalance of 980% was recorded on XRP, with $10.88 million out of a total $11.99 million in liquidations coming from longs, versus only $1.11 million for shorts. A total of $378 million in liquidations were recorded across the entire market, according to CoinGlass data.
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