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XRP rallies after $610M 'Black Swan' liquidation
Yahoo Finance·2025-10-14 01:11

XRP is showing phenomenal strength and a sharp recovery just days after suffering its largest long liquidation in history. On Oct. 11, more than $610 million in XRP long positions were wiped out, according to data shared by analyst Chad Steingraber. The liquidation — described by traders as a "Black Swan" event — marked the biggest washout the token has ever seen. It shook leveraged markets across many major exchanges like Binance, OKX, and Bybit. Market recovery Despite the historic wipeout, XRP is ba ...