BlackRock ETF rumors cause XRP futures traders to lose approximately $7.26 million
ChainCatcher news, according to CoinDesk, due to rumors of BlackRock's ETF application causing price volatility (rising from $0.65 to $0.73), traders investing in XRP futures lost approximately $7.26 million.
Data shows that XRP liquidation volume is second only to Bitcoin (BTC), Ethereum (ETH), and SOL futures. Among all XRP liquidation trades, over 75% of traders are long.
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