# XRP Liquidations Reach $11.99 Million as Longs Dominate

By Enna Lee

Canonical URL: https://www.tokenpost.com/news/investing/24847
Published: 2026-09-28T10:49:57.000Z
Updated: 2026-09-28T10:49:57.000Z
Section: Investing

> Long positions accounted for $10.88 million of XRP liquidations over 24 hours, compared with $1.11 million for shorts, during a Sept. 28 crypto-market selloff.

XRP liquidations reached $11.99 million over a 24-hour period during a broader cryptocurrency-market selloff on Sept. 28, with bullish positions absorbing most of the forced closures.

Long positions accounted for $10.88 million of the total, while short positions contributed $1.11 million. The amounts were about 9.8 times apart, while the reported breakdown was characterized as an approximately 980% long-to-short imbalance.

XRP fell to a reported low of $1.47 after reaching $1.62 on Sept. 25. The token was down 3.82% over 24 hours but remained up 0.18% over seven days at the time of the reading.

Liquidation occurs when a leveraged trading position is forcibly closed after the account can no longer meet margin requirements. A long position benefits from rising prices, so a sharp decline can trigger forced closures across leveraged bullish trades.

The broader cryptocurrency market recorded $378 million in liquidations during the same period. The latest figures follow an earlier report on a separate 1,522% long-side XRP liquidation imbalance, with different totals reflecting separate measurement windows and data sets.

## Links in this article

- [an earlier report on a separate 1,522% long-side XRP liquidation imbalance](https://www.tokenpost.com/news/investing/23692)