{"id":42198,"date":"2025-08-14T13:49:13","date_gmt":"2025-08-14T13:49:13","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=42198"},"modified":"2025-08-14T13:49:13","modified_gmt":"2025-08-14T13:49:13","slug":"ripple-bulls-wrecked-for-60m-as-xrp-flash-crashes-to-3-details","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=42198","title":{"rendered":"Ripple Bulls Wrecked for $60M as XRP Flash Crashes to $3: Details"},"content":{"rendered":"<div>\n<p><strong>TL;DR<\/strong><\/p>\n<ul>\n<li>The entire cryptocurrency market turned red in the past hour or so, and Ripple\u2019s cross-border payments token was not spared.<\/li>\n<li>XRP plunged to a weekly low, leaving over $60 million worth of short and mostly long positions wrecked.<\/li>\n<\/ul>\n<figure id=\"attachment_408646\" aria-describedby=\"caption-attachment-408646\" style=\"width: 1835px\" class=\"wp-caption aligncenter\"><a href=\"http:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/08\/XRPUSD-1.png\" data-wpel-link=\"internal\"><img loading=\"lazy\" decoding=\"async\" class=\"size-full wp-image-408646\" src=\"http:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/08\/XRPUSD-1.png\" alt=\"XRPUSD. Source: TradingView\" width=\"1835\" height=\"909\" srcset=\"https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/08\/XRPUSD-1.png 1835w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/08\/XRPUSD-1-300x149.png 300w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/08\/XRPUSD-1-1024x507.png 1024w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/08\/XRPUSD-1-768x380.png 768w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/08\/XRPUSD-1-1536x761.png 1536w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/08\/XRPUSD-1-50x25.png 50w\" sizes=\"auto, (max-width: 1835px) 100vw, 1835px\"><\/a><figcaption id=\"caption-attachment-408646\" class=\"wp-caption-text\">XRPUSD. Source: TradingView<\/figcaption><\/figure>\n<p>A lot can change in the digital asset space within the span of just 12 hours. Recall that XRP stood tall earlier today at over $3.3 as the overall sentiment was dominated by the bulls with <a href=\"https:\/\/cryptopotato.com\/is-this-massive-ripple-whale-move-the-trigger-for-xrps-next-big-surge\/\" data-wpel-link=\"internal\">calls<\/a> for a new all-time high (currently at $3.65).<\/p>\n<p>However, the landscape worsened in the following hours, especially after the US government <a href=\"https:\/\/edition.cnn.com\/2025\/08\/14\/economy\/us-ppi-wholesale-inflation-july\" data-wpel-link=\"external\" target=\"_blank\">announced<\/a> the inflation data on the wholesale level, which showed that it had risen by the highest percentage since June 2022.<\/p>\n<p>XRP, which had already retraced to under $3.25, plunged once again. This time, the bears were a lot more persistent and drove the third-largest cryptocurrency to a weekly low of $3 (on Bitstamp and other exchanges).<\/p>\n<p>Ripple\u2019s token has bounced since then and currently sits at $3.1. Still, it has dropped by 4% in the past hour alone and over 5.5% on a daily scale.<\/p>\n<p>Data from CoinGlass indicated that XRP traders have been wrecked for over $60 million in the past 24 hours, with longs responsible for more than 92% of that entire share.<\/p>\n<p>The total value of liquidations has jumped above $1 billion, with ETH and BTC <a href=\"https:\/\/cryptopotato.com\/bitcoin-suddenly-crashes-under-118k-as-liquidations-surge-toward-1b\/\" data-wpel-link=\"internal\">leading the pack<\/a> ($307 million and $256 million, respectively).<\/p>\n<figure id=\"attachment_408650\" aria-describedby=\"caption-attachment-408650\" style=\"width: 1361px\" class=\"wp-caption aligncenter\"><a href=\"http:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/08\/Screenshot-2025-08-14-162753.png\" data-wpel-link=\"internal\"><img loading=\"lazy\" decoding=\"async\" class=\"size-full wp-image-408650\" src=\"http:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/08\/Screenshot-2025-08-14-162753.png\" alt=\"Liquidation Heat Map. Source: CoinGlass\" width=\"1361\" height=\"437\" srcset=\"https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/08\/Screenshot-2025-08-14-162753.png 1361w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/08\/Screenshot-2025-08-14-162753-300x96.png 300w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/08\/Screenshot-2025-08-14-162753-1024x329.png 1024w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/08\/Screenshot-2025-08-14-162753-768x247.png 768w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/08\/Screenshot-2025-08-14-162753-50x16.png 50w\" sizes=\"auto, (max-width: 1361px) 100vw, 1361px\"><\/a><figcaption id=\"caption-attachment-408650\" class=\"wp-caption-text\">Liquidation Heat Map. Source: CoinGlass<\/figcaption><\/figure>\n<p>The post <a href=\"https:\/\/cryptopotato.com\/ripple-bulls-wrecked-for-60m-as-xrp-flash-crashes-to-3-details\/\">Ripple Bulls Wrecked for $60M as XRP Flash Crashes to $3: Details<\/a> appeared first on <a href=\"https:\/\/cryptopotato.com\/\" rel=\"nofollow\">CryptoPotato<\/a>.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>TL;DR The entire cryptocurrency market turned red in the past hour or so, and Ripple\u2019s cross-border payments token was not spared. XRP plunged to a weekly low, leaving over $60 million worth of short and mostly long positions wrecked. XRPUSD. Source: TradingView A lot can change in the digital asset space within the span of [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-42198","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/42198","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=42198"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/42198\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=42198"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=42198"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=42198"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}