Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesEarnWeb3SquareMore
Trade
Spot
Buy and sell crypto with ease
Margin
Amplify your capital and maximize fund efficiency
Onchain
Going Onchain, without going Onchain!
Convert
Zero fees, no slippage
Explore
Launchhub
Gain the edge early and start winning
Copy
Copy elite trader with one click
Bots
Simple, fast, and reliable AI trading bot
Trade
USDT-M Futures
Futures settled in USDT
USDC-M Futures
Futures settled in USDC
Coin-M Futures
Futures settled in cryptocurrencies
Explore
Futures guide
A beginner-to-advanced journey in futures trading
Futures promotions
Generous rewards await
Overview
A variety of products to grow your assets
Simple Earn
Deposit and withdraw anytime to earn flexible returns with zero risk
On-chain Earn
Earn profits daily without risking principal
Structured Earn
Robust financial innovation to navigate market swings
VIP and Wealth Management
Premium services for smart wealth management
Loans
Flexible borrowing with high fund security
$2.00 Liquidation Barrier Looms with $564B at Stake as XRP Stabilizes at $2.30

$2.00 Liquidation Barrier Looms with $564B at Stake as XRP Stabilizes at $2.30

CryptonewslandCryptonewsland2025/06/01 01:32
By:by Francis E
  • Over 564 billion in liquidation leverage remains untouched near $2.00, signaling potential for future volatility.
  • XRP is trading within a narrow band between $2.24 and $2.31, reflecting indecision and limited momentum.
  •  Recent data shows decreased liquidations, indicating reduced leverage usage and cautious positioning by traders.
     

Ripple’s native token, XRP, is experiencing a phase of limited movement, with the price currently hovering around $2.30 — a marginal 0.2% decline over the last 24 hours. While the short-term market shows signs of indecision, deeper market data, including liquidation heatmaps and total liquidation trends, indicate a more complex dynamic that may shape XRP’s path forward.

Significant Liquidation Leverage Untrigged at $2.00

According to data from Binance’s liquidation heatmap, a substantial wall of untriggered liquidation leverage remains concentrated near the $2.00 mark. The heatmap highlights an area with over 564 billion in liquidation leverage, signaling a potential flashpoint should price action retest that zone. This dense band of liquidity reflects positions that could be wiped out if XRP dips significantly, yet the market has thus far avoided that level, maintaining distance from a potential cascade of long liquidations.

💥 BREAKING: #XRP LIQUIDATION WALL STILL UNTOUCHED AROUND $2.00.

OVER 564B IN LIQUIDATION LEVERAGE REMAINS UNTRIGGERED. pic.twitter.com/xUQX3TaSl1

— STEPH IS CRYPTO (@Steph_iscrypto) May 29, 2025

This buildup may also act as a magnet for future price action, with volatility expected if bearish pressure increases. The $2.24 level remains the closest immediate support, a price zone that has offered temporary stability since mid-May.

Volatility and Liquidation Activity Paint a Cautious Picture

On the liquidation chart, the data indicates that long positions have seen stronger liquidations in recent weeks, particularly during price declines in March and April. However, the recent reduction in both long and short liquidations implies that leveraged traders are currently playing more cautiously.

$2.00 Liquidation Barrier Looms with $564B at Stake as XRP Stabilizes at $2.30 image 0 $2.00 Liquidation Barrier Looms with $564B at Stake as XRP Stabilizes at $2.30 image 1 Source: Coinglass

The XRP price has remained within a narrow trading band between $2.24 and $2.31, with no breakout attempts sustained above the latter. Despite some short-term volatility, there has been no trend or volume change of any consequence, keeping traders in wait-and-see mode.

XRP currently trades at 0.00002122 BTC, decreasing by a small 0.1%. Traders are watching closely to see if resistance at $2.31 is broken, or if price action snaps back to try the heavy liquidation zone around $2.00 — a price that would introduce new volatility into the market.

0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

PoolX: Locked for new tokens.
APR up to 10%. Always on, always get airdrop.
Lock now!