$XRP Price Experiences Flash Crash to $0.0001 on Bitrue Exchange, Liquidating Long Positions

$XRP Price Experiences Flash Crash to $0.0001 on Bitrue Exchange, Liquidating Long Positions


CryptoGlobe
2023-04-27 00:00:00

In an unexpected move, the price of $XRP crashed to $0.0001 after experiencing a drastic decline on Bitrue, a prominent Singapore-based cryptocurrency exchange. The drop saw $XRP briefly become nearly worthless on the exchange’s perpetual futures market, before seeing a swift recovery. This dramatic event resulted in the liquidation of most XRP long positions held