XRP liquidations reached a figure that speaks for itself: $635,000 worth of longs were erased versus just $1,000 worth of shorts, as per CoinGlass. This works out to a ratio of 63,500%, which highlights how one-sided the positioning had become. The price change was small, though. XRP slipped by around 1%, trading between $2.82 and $2.84, but the leverage behind the longs turned that modest decline into a substantial sell-off. Shorts barely moved, while longs were cleared.