XRP Sees $3.27M Liquidations in One Hour as Price Takes a Hit

19 May, 2025

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Pooja Khardia is a seasoned crypto content writer with 6+ years of experience in writing, including in blockchain, cryptocurrency, DeFi, and digital finance reporting. In her adventure journey, she is currently working with CoinGape Media and leading their Trending Section. Here, she uses her expertise to deliver analytics, market insights, price predictions, and information on what’s trending in the crypto space, aiming to keep the crypto and web3 community updated with market trends and important insights. Known for a user-centric and straightforward writing style, Pooja is passionate about making crypto easy and accessible. Her writing blends market research with storytelling, helping readers stay ahead in a fast-paced industry. When not behind the keyboard, Pooja embraces her creative side through drawing and crafting. Connect with Pooja on LinkedIn or X.

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XRP Sees $3.27M Liquidations in One Hour as Price Takes a Hit

Highlights

XRP price crashed today, resulting in a $3.27M loss in long liquidations.
The XRP trading activity shows a 76% surge, but the sellers dominate the chart.
Analysts warn of a further crash to $2 if it loses the key support.

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An unexpected surge in selling pressure resulted in the broader crypto market turmoil, including an XRP price crash. The crypto assets were making significant gains hours earlier, with the Bitcoin price rallying to $107k. However, the shift in investors’ sentiments resulted in this sudden decline, bringing $3.27M in liquidation for the Ripple token in just one hour. Let’s discuss.

XRP Price Crash Results in $3.27M Long Liquidations

The Ripple token has witnessed an exceptionally serious liquidation event, losing $3.27M in long positions with the XRP price decline. Interestingly, this rate is 36,283% higher than the short positions, revealing that bullish traders were massively affected.

Besides, only $9,040 worth of shorts were liquidated in this period, whereas $3.27M were in the long, per CoinGlass reports. This is because short traders actually bet on the price decline, so they avoided liquidation and instead profited from the dip. Experts showed concerns about this unusual longs vs shorts ratio for such a top altcoin.

This happened as the selling pressure increased on the token amid the crypto market crash, resulting in the forced liquidation. As a result, the investors’ leverage positions were forcefully closed due to achieving the loss threshold, starting a series of cascade effects or a series of liquidations.

XRP Price Prediction: Is $2 the Next Target for Ripple Token?

The cascade liquidation effect has resulted in further Ripple token price crashes, and the charts also show a continuous series of red candles. As a result, a fear of a further crash builds, as the token trades at $2.31 after a 3.2% drop. However, its trading volume is at $4.13B after a 76% surge, showcasing increased seller activity amid the crash.

Experts like Ali Martinez have been warning of a crash to $2 if it loses the $2.30 support, which is closer to the current price. Other analysts’ XRP price predictions have also projected the same, as the selling pressure is imminent.

Besides, there are no strong catalysts for the recovery except the CME Group’s XRP Futures ETF, which is going live today. Experts believe it could gain $50M in trading volume on the first day or more. If this happened, it could influence the Ripple token’s price. However, that is just speculation at present, so investors need to remain cautious.

Investment disclaimer: The content reflects the author’s personal views and current market conditions. Please conduct your own research before investing in cryptocurrencies, as neither the author nor the publication is responsible for any financial losses.

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Frequently Asked Questions (FAQs)

1. What caused the sudden XRP price crash?

The XRP price crashed due to high selling pressures on the token and the broader market.

2. How many shorts and longs got liquidated?

In a specific hour, nearly $3.27M long and just $9k shorts were liquidated.

3. Why can the XRP price crash to $2 next?

Experts highlight that the token is closer to the critical support level of $2.30. If it dips below this, the XRP price could crash to $2.

Why Trust CoinGape

CoinGape has covered the cryptocurrency industry since 2017, aiming to provide informative insights Read more…to our readers. Our journal analysts bring years of experience in market analysis and blockchain technology to ensure factual accuracy and balanced reporting. By following our Editorial Policy, our writers verify every source, fact-check each story, rely on reputable sources, and attribute quotes and media correctly. We also follow a rigorous Review Methodology when evaluating exchanges and tools. From emerging blockchain projects and coin launches to industry events and technical developments, we cover all facets of the digital asset space with unwavering commitment to timely, relevant information.