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XRP Price Trapped at $1.1799 After $30 Million Cascade Liquidation

XRP faces a $30 million wipeout in 5 days as a massive liquidation cascade leaves prices trapped at $1.1799.

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Liquidation
The forced closing of a leveraged position or loan when its collateral no longer covers the risk.

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Original reporting

Gamza Khanzadaev, U.Today

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