XRP Faces $60M Liquidation Risk if Price Drops 4%

  • XRP, the cryptocurrency tied to Ripple Labs, is trading at $2.12, having gained 11.36% over the past 30 days, according to CoinMarketCap. However, this rally may be reaching a critical threshold as fresh data from Coinglass reveals that a 4% dipbringing the price to $2.063could trigger liquidations exceeding $60 million.