XRPL Network Activity Jumps, but $435M in Liquidations Signal Further Weakness Ahead

TL;DR XRPL daily successful transactions rose nearly 40% to about 2.5 million while XRP traded near $1.40; activated accounts are around 7.64 million. Derivatives saw $435.64M liquidations in 12 hours, with $393.43M longs; XRP accounted for $9.02M and bounced 1.91% in four hours. Technicals show resistance at $1.42-$1.

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