Features Crypto News by Thebittimes.Com

Ripple’s XRP prediction 5 May situation, right now, is looking pretty concerning after that massive 1000% liquidation imbalance that just hit the market recently. With all the recent price volatility and everything pushing the token down to about $2.15, traders and investors are, at the time of writing, watching very closely as the XRP 5 May forecasts are actually pointing to a potential further drop to around $2.12 or so. This whole whale liquidation Ripple effect has basically exposed some really dangerous leverage levels in the market, and it’s raising some very serious questions about XRP price forecast 2025 stability and such. Also Read: Can a $2000 XRP Investment Today Fund Your Retirement by 2040? Whale Moves, XRP Volatility & Ripple Prediction For May 5 Source: CryptoNews Massive Liquidations Expose Market Fragility XRP faced an unprecedented shock when, like, $13.9 million in long positions were liquidated versus just $1.49 million in shorts – creating a staggering ...

On December 26, Finbold posted a short squeeze alert for January 2024, warning for massive possible liquidations early this month. In particular, Bitcoin (BTC) and Ethereum (ETH) were the forecasted top candidates for this speculated event, now proven accurate. The short squeeze happened as expected, driving Bitcoin’s price to new multi-year highs above $45,900 on January 2. Ethereum was traded as high as $2,446 after Finbold’s alert, for a 10% surge one day after publishing. Interestingly, it was a similar increase to BTC’s in a week — from publishing the alert to today’s highs. In this context, the price action liquidated 62,258 traders in the last 24 hours, for a total of $205.73 million in liquidations.  A total of $127.13 million (61.7%) came directly from short positions, causing what is known as a short squeeze . Notably, one short -seller on Binance lost $10.16 million in a single liquidation with the BTC/USDT pair, according to CoinGlass data. Liquidation ...