XRP Drops 4.10% in Four Hours to $1.21 in Binance Spot Trading

XRP fell 4.10% over four hours to $1.21 in Binance spot trading at 9:33 p.m. ET Thursday, Oct. 29, while long liquidations exceeded short liquidations across three exchanges during the same hour.

TokenPost's directly collected Binance XRP/USDT spot quote was $1.21 at that time, down from $1.26 four hours earlier. The measured four-hour percentage decline was 4.10%.

Across Binance, Bybit and OKX, long XRP liquidations totaled $700,000 during the same one-hour period, compared with $60,000 in short liquidations. The difference was $640,000, and the long total was about 11.7 times the short total. Combined liquidations were $760,000, with long liquidations making up about 92%.

XRP ranked fifth among crypto assets by market capitalization, at about $76,676,040,000 at the time. The price comparison spans four hours ending at 9:33 p.m. ET, while the liquidation figures cover one hour. The two measures therefore capture separate market windows for the same asset.