XRP experienced a notable surge, surpassing $0 during a significant $227.9 million liquidation wave. Over the past 24 hours, traders faced forced closures totaling $227.93 million, impacting 79,525 positions. Notably, XRP recorded $10,090 in long liquidations, with no short liquidations, suggesting strong market sentiment or strategic manual exits by traders. The largest single liquidation involved a $4.43 million BTC/USD trade on the Hyperliquid platform. This wave of liquidations highlights the ongoing volatility in the cryptocurrency market, with value investing strategies continuing to adapt to these dynamic conditions.