XRP Surges After 8,900% Liquidation Imbalance Triggers Massive Short Squeeze

XRP has captured the crypto market’s attention with one of the most extreme liquidation imbalances seen in recent sessions. In just one hour, XRP futures saw an astonishing 8,909% difference between short and long liquidations, totaling $248,000 in overall liquidations on altcoin perpetuals. A staggering $247,400 came from short positions, while long liquidations stood at only $728 — marking a massive 33,928% imbalance.

This one-sided liquidation event coincided with a sharp price bounce above $2.10, catching many short traders off guard. The surge liquidated bearish positions that had likely been placed in anticipation of a deeper pullback, triggering a rapid short squeeze. The move, while modest in price terms, was significant in revealing how over-leveraged the market had become on the short side.

According to CoinGlass data, the total crypto market saw $13.74 million in liquidations during the same hour, with over $12 million from shorts. However, XRP’s imbalance was by far the most pronounced, making it a standout event on the liquidation heatmap.

XRP’s price volatility has intensified recently, fueled by legal developments and ongoing ETF speculation. Traders have been aggressively leveraging positions in both directions, amplifying the impact of sudden market swings. While it’s unclear whether this short squeeze marks the beginning of a broader rally or just a temporary spike, one thing is certain — XRP remains a focal point for crypto traders, and the market continues to punish overconfident positions.

With XRP’s rapid moves and heavy liquidations, traders should remain cautious as volatility remains high and further liquidation-driven surges are possible.