XRP Drops 3.9% as Liquidations, Hacks, Weak Demand Hit

Résumé détaillé

XRP fell 3.9% over 40 hours due to $40M long liquidations, 139M hacked XRP moving, and zero ETF flows. Weak demand and altcoin risk-off amplified the drop.

Several analyses attribute the latest leg of XRP’s decline to a wave of derivatives liquidations that hit as price broke support.

Once XRP broke key support levels, leverage made the move sharper than spot flows alone would justify, creating a feedback loop where falling price triggered more margin calls and auto‑selling.

At the same time, markets were tracking very large XRP movements tied to a past Binance hot‑wallet theft and to fresh exchange inflows, which together created a psychological and potential supply overhang.

Even if every hacked or transferred coin is not immediately dumped, the perception that very large holders and a hacker could sell heavily into any bounce is enough to weigh on price in a short window like the last 40 hours.

The last 40 hours are also part of a broader week‑plus downtrend where XRP has been underperforming the rest of the majors.

In a neutral or bullish market, the hacked‑funds story and long liquidations might be absorbed more quickly. In a week when altcoins are already down around 6%, and ETFs are not providing fresh demand, every negative catalyst bites harder and contributes to the multi‑percentage‑point slide you are seeing over 40 hours.

Several analyses and social posts highlight how technical levels and sentiment wrapped around these catalysts into a self‑reinforcing down move.

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