Most altcoins have headed south over the past several hours, and the second-largest is no exception.<\/p>\n
XRP, which was among the top performers until yesterday evening, has plunged by double-digits to a new weekly low. As such, it has caused substantial losses to over-leveraged traders, even more than BTC.<\/p>\n
<\/a>XRPUSD. Source: TradingView<\/p>\n What goes up, must come down, right? This narrative proved correct for Ripple\u2019s cross-border token, which was in an \u2018up only\u2019 mode for over a week. Recall that the asset broke out of its consolidation range ($2.2-$2.3) where it spent a month or so last week and shot up above $3 in days.<\/p>\n The bulls kept the pressure on and, after more than seven years, XRP made history by breaking above its January 2018 all-time high of $3.4, and it set a new record<\/a> at over $3.65. Thus, the cryptocurrency had gained more than 50% in a week or so, and its market cap flew past<\/a> the $200 billion mark.<\/p>\n What followed were a few days of sideways trading between the previous and the latest ATHs. However, the bears took control in the past 12 hours or so, pushing XRP south hard.<\/p>\n In a matter of hours, the third-largest cryptocurrency plummeted from almost $3.6 to under $3.05, losing roughly 15% of its value. Although it has recovered some ground since then, it\u2019s still down by over 11% daily.<\/p>\n This sudden but painful drop has resulted in a lot of pain for over-leveraged traders who were long on XRP. Data from CoinGlass shows that XRP longs were liquidated for over $93 million on a daily scale, which is second only to ETH and above BTC\u2019s $70 million.<\/p>\n <\/a>Liquidation Heat Map. Source: CoinGlass<\/p>\n The post Ripple\u2019s XRP Crashes Double Digits \u2013 $90M in Long Positions Wiped Out<\/a> appeared first on CryptoPotato<\/a>.<\/p>","protected":false},"excerpt":{"rendered":" Most altcoins have headed south over the past several hours, and the second-largest is no exception. XRP, which was among the top performers until yesterday evening, has plunged by double-digits to a new weekly low. As such, it has caused substantial losses to over-leveraged traders, even more than BTC. XRPUSD. Source: TradingView What goes up, […]<\/p>\n","protected":false},"author":0,"featured_media":83330,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-83329","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-discovery"],"_links":{"self":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/83329"}],"collection":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=83329"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/83329\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/media\/83330"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=83329"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=83329"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=83329"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}
![<\/a>XRPUSD. Source: TradingView<\/p>\nWhat goes up, must come down, right? This narrative proved correct for Ripple\u2019s cross-border token, which was in an \u2018up only\u2019 mode for over a week. Recall that the asset broke out of its consolidation range ($2.2-$2.3) where it spent a month or so last week and shot up above $3 in days.<\/p>\nThe bulls kept the pressure on and, after more than seven years, XRP made history by breaking above its January 2018 all-time high of $3.4, and it set a new record<\/a> at over $3.65. Thus, the cryptocurrency had gained more than 50% in a week or so, and its market cap flew past<\/a> the $200 billion mark.<\/p>\nWhat followed were a few days of sideways trading between the previous and the latest ATHs. However, the bears took control in the past 12 hours or so, pushing XRP south hard.<\/p>\nIn a matter of hours, the third-largest cryptocurrency plummeted from almost $3.6 to under $3.05, losing roughly 15% of its value. Although it has recovered some ground since then, it\u2019s still down by over 11% daily.<\/p>\nThis sudden but painful drop has resulted in a lot of pain for over-leveraged traders who were long on XRP. Data from CoinGlass shows that XRP longs were liquidated for over $93 million on a daily scale, which is second only to ETH and above BTC\u2019s $70 million.<\/p>\n<\/a>Liquidation Heat Map. Source: CoinGlass<\/p>\nThe post Ripple\u2019s XRP Crashes Double Digits \u2013 $90M in Long Positions Wiped Out<\/a> appeared first on CryptoPotato<\/a>.<\/p>","protected":false},"excerpt":{"rendered":"Most altcoins have headed south over the past several hours, and the second-largest is no exception. XRP, which was among the top performers until yesterday evening, has plunged by double-digits to a new weekly low. As such, it has caused substantial losses to over-leveraged traders, even more than BTC. XRPUSD. Source: TradingView What goes up, […]<\/p>\n","protected":false},"author":0,"featured_media":83330,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-83329","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-discovery"],"_links":{"self":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/83329"}],"collection":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=83329"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/83329\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/media\/83330"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=83329"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=83329"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=83329"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}](\"http:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/07\/XRPUSD-7.png\"){kind=link}
![<\/a>Liquidation Heat Map. Source: CoinGlass<\/p>\nThe post Ripple\u2019s XRP Crashes Double Digits \u2013 $90M in Long Positions Wiped Out<\/a> appeared first on CryptoPotato<\/a>.<\/p>","protected":false},"excerpt":{"rendered":"Most altcoins have headed south over the past several hours, and the second-largest is no exception. XRP, which was among the top performers until yesterday evening, has plunged by double-digits to a new weekly low. As such, it has caused substantial losses to over-leveraged traders, even more than BTC. XRPUSD. Source: TradingView What goes up, […]<\/p>\n","protected":false},"author":0,"featured_media":83330,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-83329","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-discovery"],"_links":{"self":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/83329"}],"collection":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=83329"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/83329\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/media\/83330"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=83329"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=83329"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=83329"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}](\"http:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/07\/Screenshot-2025-07-24-082123.png\"){kind=link}