XRP Faces 8,700% Long-Side Liquidation Skew as Price Holds Near $2 Level

Over a recent 12-hour span, XRP recorded about $528,940 in liquidations, of which roughly $522,900 came from long positions, creating an 8,700% imbalance versus shorts. Despite this long-heavy squeeze, XRP has been trading almost flat around the $2 mark, with price action clustering near $2.04–$2.053 as algorithms and leveraged traders repeatedly contest this level.