After the brutal flash crash, XRP’s next big move is still unclear. On 22 August 2026, XRP fell 37%, or about $0.60, within minutes.  Roughly $500 million in leveraged long positions were wiped out. Two months later, the market is split on what comes next. The crash was part of a wider $1.35 billion liquidation event, Coinglass data shows, mostly on Binance.