XRP Bulls Hit by Strongest Liquidations Since October 10 as Price Dips 16%
Aug 24, 2026
< 1 min read
by Abdulkarim Abdulwahab
for The Crypto Basic

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AI Overview
On August 22 XRP saw $38.58 million in long liquidations—the largest since October 10, 2025—as the token plunged about 16%, wiping out bullish positions. CryptoQuant author Amr Taha highlighted the event, underscoring heightened liquidation risk and short-term downside pressure on XRP and broader crypto leveraged markets.
Bearish
XRP bulls suffered one of their biggest liquidation events of the year on August 22, as long positions were wiped out at levels not seen since October 2025. According to CryptoQuant author Amr Taha, XRP long liquidations reached $38.58 million on August 22.
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