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XRP Falls 2.14% in One Hour to $0.9619 on Binance Spot

XRP was down 5.46% over 24 hours, while $4.36 million in positions were liquidated across Binance, Bybit and OKX during the same hour.

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An embossed silver token balances at the edge of a crimson ledge / TokenPost.ai
An embossed silver token balances at the edge of a crimson ledge / TokenPost.ai

Ripple (XRP) fell 2.14% in one hour to $0.9619 at 11:12 a.m. ET Nov. 14, leaving the token below $1 on Binance's XRP/USDT spot pair.

The Binance spot XRP/USDT quote was $0.9829 at 10:12 a.m. ET, an hour before the $0.9619 reading, a difference of $0.0210. XRP's separate 24-hour decline was 5.46%, measured across a longer window than the hourly change.

Liquidations across Binance, Bybit and OKX totaled $4.36 million during the same one-hour period. Long positions accounted for $4.35 million of that sum, while short positions totaled $10,000. The long-side liquidation amount was 435 times the short-side amount, so the tally was heavily weighted toward long positions.

XRP's market capitalization was about $61.56 billion, and the asset ranked sixth among crypto assets by market value. The price measurement is a Binance-only spot quote, while the liquidation tally combines the three exchanges. Those figures cover different aspects of trading activity and venue coverage.

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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