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XRP Rises 2.20% in One Hour to $1.33 on Binance Spot Market

Short liquidations reached $850,000 across Binance, Bybit and OKX during the same hour, compared with $10,000 in long liquidations.

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A metal token rests above a crushed ring on black steps. / TokenPost.ai
A metal token rests above a crushed ring on black steps. / TokenPost.ai

XRP rose 2.20% in one hour to $1.33 on Oct. 20, while short liquidations far exceeded long liquidations during the same period.

TokenPost collected the price directly from Binance’s XRP/USDT spot market. XRP stood at $1.30 one hour before the $1.33 observation. Over a separate 24-hour period ending at the same time, the asset was up 2.60%. The one-hour and 24-hour changes use the same latest observation but different starting points.

Across Binance, Bybit and OKX, TokenPost’s direct tally recorded $850,000 in XRP short liquidations during that hour, compared with $10,000 in long liquidations. The liquidation tally covers all three exchanges; the quoted $1.33 spot price comes from Binance alone. The liquidation tally covers the preceding hour; the $1.33 Binance spot price is a single observation.

XRP ranked fifth among crypto assets by market capitalization, at about $82,321,780,000. Its one-hour gain accounted for most of the 2.60% increase measured over 24 hours, making the latest hour the sharper of the two reported price comparisons.

Enna Lee

Reporter

Enna Lee reports on investing and digital-asset markets for TokenPost. Send corrections or tips to info@tokenpost.com.

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