Crypto Shaken by Trump Tariffs as XRP Longs Face $5M Loss
Get Daily altcoins signals and trade with the professionals trading strategy – https://telegram.me/binancefuturesignal Binance accounted for more than $1M of XRP long liquidations as leveraged traders were caught in a rapid risk-off move. XRP derivatives traders faced heavy losses on January 19 after a sharp crypto market pullback tied to renewed U.S.-EU trade tensions linked to President Donald Trump’s tariff threats over Greenland. The selloff triggered more than $5 million in forced XRP long liquidations, with Binance accounting for over $1 million, as leveraged bets unraveled alongside a broader risk-off move across digital assets. XRP Liquidations Follow Trump Tariff Headlines According to data shared by market analyst Amr Taha on January 18, XRP saw one of its largest single-day long liquidation events this month. Total long liquidations topped $5 million, reflecting traders caught on the wrong side of a fast-moving drop after weekend macro headlines shook sentiment. The pressure...