XRP Sellers Face Liquidation Risks Amid 3% Price Rise
XRP sellers may face liquidation risks of up to $158 million if the price rises by just 3%.
This warning comes from a recent analysis, which highlights the potential consequences for XRP holders who have taken on significant amounts of debt to acquire the cryptocurrency.
The study found that a small increase in value could lead to a substantial number of liquidations, putting pressure on the market and potentially causing further price volatility.