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Over $1.5 Billion Of XRP Futures Contracts Have Been Liquidated Since Early November

Mary Liu

Summary: Since the beginning of November, XRP futures contracts worth more than $1.5 billion have been liquidated, as reported by Coindesk. In contrast, the figure was only about $700 million From March to October. XRP volatility has increased by more than 130% since the beginning of November. In addition, Florent Moulin, a researcher from data analysis ...

Since the beginning of November, XRP futures contracts worth more than $1.5 billion have been liquidated, as reported by Coindesk. In contrast, the figure was only about $700 million From March to October. XRP volatility has increased by more than 130% since the beginning of November.

In addition, Florent Moulin, a researcher from data analysis provider Messari, mentioned that Ripple's co-founder Jed McCaleb sold $120 million of XRP in December, which was more than three times compared to the amount in the previous months.

By Mary Liu

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