Ripple (XRP) has undergone a liquidation wave worth 610 million USD solely for long positions on October 11. This event has pulled the estimated leverage ratio (ELR) down to its lowest level of 2025, indicating that the XRP derivative market is reducing leverage.
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Ripple (XRP) has undergone a liquidation wave worth 610 million USD solely for long positions on October 11. This event has pulled the estimated leverage ratio (ELR) down to its lowest level of 2025, indicating that the XRP derivative market is reducing leverage.