0 XRP Shorts Liquidations In an Hour, What Is Happening

Key Points

1. No XRP short liquidations occurred in the last hour, but long position traders lost $651,250.

2. XRP's price fluctuated between $3.06 and $3.17 in the last 24 hours, with a 1.06% decline at press time.

3. Trading volume for XRP dropped by 18.82% to $5.72 billion, indicating reduced investor interest.

4. Bitcoin's rising dominance (60.83%) has put pressure on altcoins like XRP, diverting capital away from them.

5. XRP displayed an unusual, unstructured price movement during this period.