XRP Bears Stunned by 51,209% Liquidation Imbalance, Saylor Issues One-Word Verdict for Bitcoin, Cardano Founder Issues Crucial Scam Alert: Crypto News Digest
2025-07-17 18:59:16
Main Idea
The article covers three main crypto-related events: XRP's significant liquidation imbalance favoring bulls, Michael Saylor's one-word Bitcoin verdict, and Charles Hoskinson's scam warning in the Cardano community.
Key Points
1. XRP experienced a 51,209% liquidation imbalance, with $415,610 in short liquidations and only $812.87 in long liquidations, as its price rebounded to $2.98.
2. Michael Saylor, CEO of Strategy, posted a one-word message 'Bitcoin Abides' and revealed the company holds 601,550 BTC, worth approximately $71.3 billion.
3. Charles Hoskinson, founder of Cardano, issued a scam warning after an employee embezzled funds, criticizing victims of get-rich-quick schemes.
Description
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