Add as a preferred source on GoogleXRP Rises 2.33% in One Hour to $1.11 on Binance Spot Market
The token was still down 4.71% over 24 hours. Short liquidations across three exchanges totaled $250,000 during the hour.
Ripple (XRP) climbed 2.33% to $1.11 on Binance's XRP/USDT spot market in the hour through 7:51 a.m. ET (12:51 UTC) Monday.
The same market quote was $1.08 one hour earlier, the comparison used to calculate the hourly gain. Over the separate 24-hour window, XRP was down 4.71%, so the one-hour rise came during a broader daily decline.
Across Binance, Bybit and OKX, XRP liquidations during that hour totaled $250,000 in short positions and $20,000 in long positions. Short liquidations exceeded long liquidations by $230,000, and the combined total was $270,000.
The spot price and liquidation totals cover different measures: the $1.11 reading is for Binance's XRP/USDT pair, while the liquidation figure combines activity on three exchanges. Both figures refer to the hour ending at 7:51 a.m. ET.
XRP's market capitalization was about $68.65 billion, ranking sixth by that measure; the ranking is separate from the one-hour move.
Enna Lee
ReporterEnna Lee reports on investing and digital-asset markets for TokenPost. Send corrections or tips to info@tokenpost.com.