XRP Shorts Get Absolutely Demolished as Liquidation Imbalance Skyrockets 1,278%

Short sellers betting against $XRP just got absolutely vaporized in the last 12 hours, with the liquidation imbalance surging a jaw-dropping 1,278%. The bloodbath came as $XRP rallied over 4% during a broader crypto market recovery. Somewhere, a degen is currently staring at their liquidation notification like it just insulted their mother.

According to CoinGlass data, a whopping $2.63 million was wiped out as $XRP staged a bullish comeback. This continues a week of brutal liquidations as the token pushes toward recovery despite ongoing volatility. Short sellers in the group chat are definitely not replying to messages right now.

$XRP climbed from a low of $1.30 to a daily peak of $1.39 in the past 24 hours. As of this writing, $XRP trades at $1.38, representing a 5.19% gain. Trading volume exploded 84.06% to $2.93 billion as traders piled back in. The volume numbers are looking spicier than a taco bell menu item after a government shutdown.

The market looks bullish, but participants are watching the $1.40 to $1.42 resistance zone carefully. Breaking above could confirm stronger upward momentum. If not, $XRP might retest the $1.30 support level. Classic make-it-or-break-it territory. Place your bets, or don't—we're not your financial advisor.

Long position traders also took a minor hit, losing $190,830 in that same 12-hour window. Nothing like getting rekt while trying to catch a falling knife. At least they didn't go full leverage lord.

Bullish catalysts are piling up. At the XRP Tokyo 2026 conference, Ripple projected $33 trillion in on-chain stablecoin volume by end of 2026, sparking major optimism. That's a number so big it probably has its own gravitational field.

Institutional investors are also jumping in. A recent CoinShares report showed $224 million in crypto sector inflows, with $XRP leading at 53% ($119.6 million). $XRP even flipped Bitcoin, Ethereum, Solana, and Dogecoin in ETF flows, pulling in roughly $3.3 million net over 48 hours while Bitcoin and Ethereum ETFs bled $159 million and $64 million respectively. XRP is officially the cool kid at the institutional party, and BTC and ETH are just sitting in the corner sipping drinks they can't afford.

One caveat: average wallet counts dropped 41%, hitting levels last seen in 2022. Nothing like watching wallet activity crater while price goes brrrr. Classic crypto logic.