XRP Price Sinks 7% as Investors Unwind Leverage Positions
Ripple (XRP) price is down 7.04% in 24 hours to $1.15, underperforming a broader market sell-off primarily driven by a wave of forced selling from leveraged long positions.
The move aligns with a severe downturn across crypto, as Bitcoin fell 6.41%. The token price movement reflects a cascade of long liquidations exceeding $25 million, combined with XRP closely tracking a macro-driven Bitcoin sell-off.
A sharp, market-wide deleveraging event triggered heavy selling. Over $25 million in XRP long positions were liquidated in 24 hours, forcing automatic sell orders.
This occurred alongside a broader crypto crash where over $1.1 billion in positions were liquidated, driven by persistent U.S. spot Bitcoin ETF outflows and geopolitical tensions.
The drop was amplified by excessive leverage, not a new XRP-specific negative event. A slowdown in total crypto liquidations and a reversal in ETF flow data will signal exhaustion in selling.
The altcoin sector faced intense selling, with the CMC Altcoin Season Index falling 11.32%. Technically, XRP broke below its 50-period moving average ($1.23) and key support near $1.20, entering an oversold condition.
The immediate path depends on whether leveraged selling subsides. If XRP holds above the $1.14 swing low, it may consolidate between $1.14 and $1.22.
A decisive break below $1.14 opens the risk of a retest of the year-to-date low near $1.11. The upcoming U.S. Senate vote on the CLARITY Act remains a potential positive catalyst, but no date has been confirmed.
XRP’s decline is a symptom of a high-leverage market unwinding amid macro uncertainty, with technicals confirming the breakdown. The price outlook is bullish, as Evernorth reports that daily transactions on the XRP Ledger have surged to nearly 3 million, up from 1 million in mid-2025.
The growth is attributed to genuine financial activity by institutions such as Bitstamp and Braza Bank, not just trading.
This is a bullish long-term fundamental for XRP because it validates the network’s utility in real-world finance, creating a foundation for value that could eventually be reflected in price once macroeconomic and sentiment headwinds subside. Bitcoin Dives as Saylor Breaks Promise Not to Sell BTC
