XRP traders have suffered more than $30 million in long liquidations over five days as declining prices triggered widespread losses. According to CoinGlass data, XRP dropped to $1.1799 as liquidation activity accelerated following its failed November 4 recovery. XRP derivatives markets recorded $16.75 million in daily liquidations on Friday, representing 2.74 times the weekly average. Long positions accounted for $16.01 million, representing 95.54% of total liquidations, while short traders lost approximately $746,000.