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How XRP Rode Leverage to $1.60 and Then Lost $610 Million in a Single Session

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How XRP Rode Leverage to $1.60 and Then Lost $610 Million in a Single Session

XRP activity shows how leverage helped drive its recovery toward $1.60 before a reversal led to more than $610 million in liquidations. Throughout September and early October, XRP's price recovery coincided with a steady increase in futures open interest.

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