XRP Traders Lose $8M+ to Long Liquidations in 15 Minutes

Image: The Crypto Basic
XRP traders lost more than $8 million to long liquidations in just 15 minutes as the cryptocurrency market continued to react to the U.S. CPI data. Notably, the latest losses came on the back of another sudden drop in XRP’s price earlier this morning, which added to the pressure on traders who had bet on a recovery. XRP has struggled to recover from the market crash that followed the latest U.S. Consumer Price Index (CPI) report. The data showed that inflation in September 2026 came in hotter than expected, triggering a sudden reaction from Bitcoin (BTC) that spread across the crypto market. While XRP initially fell after the report, bullish traders faced another major setback hours later. At 02:15 UTC on Oct.
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