【Crypto World】XRP just experienced a targeted liquidation, with $2.38 million in long positions being wiped out. Just looking at the data shows how fierce it was—the imbalance between short and long positions is complete, with a ratio as high as 122,680%. The price dropped from a high of $1.86 to $1.83. It may not sound like a big move, but for those heavily leveraged longs, it was enough to trigger a chain reaction. Essentially, it’s still a problem of excessive leverage. When the market fluctuates slightly and positions are severely unbalanced, even a small rebound can trigger a series of automatic liquidations. This event once again reminds us that in leverage trading, risk management always comes first.
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RugResistant
· 12-19 22:09
yo that 122,680% imbalance screaming red flags... analyzed this thoroughly and nope, unsafe implementation written all over it. small price swing shouldn't cascade into $2.3m liquidations like that, smh. common attack vector honestly, overleveraged positions waiting to explode. dyor but fr the risk management here was basically non-existent lol
Reply0
LiquidityNinja
· 12-18 14:27
Leverage traders are once again painfully educated; $2.38 million is gone just like that—an expensive lesson.
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SandwichDetector
· 12-18 13:11
Another live drama of leverage explosion, 2.38 million just gone, truly incredible.
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OfflineNewbie
· 12-18 13:05
$2.38 million just gone? Leverage is really a double-edged sword; if you don't play it well, you could lose everything.
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GasFeeCry
· 12-18 12:55
Another leverage disaster, 2.38 million just gone? Even small fluctuations can trigger a meltdown, how are there still people willing to go all-in on XRP
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122680% imbalance ratio, is this a gamble? No wonder they got wiped out
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A three-cent drop causing chain reactions of liquidations, leverage players are truly incredible
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It's always the same story. When will these people learn?
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Risk management? In the crypto world, that's a joke. Everyone just wants to go all-in
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Just looking at these numbers, you can tell someone is eating the positions. 2.38 million is probably just the appetizer
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From 1.86 to 1.83, is that all? And someone got liquidated because of this? So weak
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Leverage games always favor the house; retail investors are always the ones paying the bill
XRP sudden $2.38 million long liquidation, leverage imbalance at 122,680% triggers chain liquidation
【Crypto World】XRP just experienced a targeted liquidation, with $2.38 million in long positions being wiped out. Just looking at the data shows how fierce it was—the imbalance between short and long positions is complete, with a ratio as high as 122,680%. The price dropped from a high of $1.86 to $1.83. It may not sound like a big move, but for those heavily leveraged longs, it was enough to trigger a chain reaction. Essentially, it’s still a problem of excessive leverage. When the market fluctuates slightly and positions are severely unbalanced, even a small rebound can trigger a series of automatic liquidations. This event once again reminds us that in leverage trading, risk management always comes first.