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XRP Falls 5.19% to $1.16; $25.6M in Liquidations Overnight

GateNews
Derivatives DataPrice Volatility
XRP-6.03%
BTC-5.37%

According to Coinglass, XRP fell sharply to $1.15712 on June 3, down 5.19% in 24 hours with a daily low of $1.14092. The price remained near its recent range lows as persistent selling pressure continued.

XRP liquidations reached $25.64 million over the past 24 hours, with long positions accounting for $24.71 million (96.37% of total). Over 5,800 traders were liquidated. The decline occurred amid broader market weakness, with $1.12 billion in crypto positions liquidated across the market as Bitcoin slipped below $63,000.

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