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XRP Jumps 2.1% in One Hour to $1.52 as Short Liquidations Reach $370,000

XRP traded at $1.52 at 8:52 a.m. ET on Sept. 28, while the token remained down 1.21% over 24 hours.

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Silver cryptocurrency token beside a fallen red trading marker / TokenPost.ai
Silver cryptocurrency token beside a fallen red trading marker / TokenPost.ai

XRP rose 2.11% in one hour to $1.52 at 8:52 a.m. ET (12:52 UTC) on Sept. 28, reversing part of its broader 24-hour decline as short positions faced $370,000 in liquidations.

The token climbed from $1.49 one hour earlier on Binance's XRP/USDT spot market. XRP remained down 1.21% over the previous 24 hours despite the latest hourly move.

Short liquidations totaled $370,000 across Binance, Bybit and OKX during the same hour, while long liquidations totaled $0. XRP ranked fifth by market capitalization at approximately $93.79871 billion.

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