XRP fell sharply in the last 24 hours as large-scale liquidations swept through the market, pushing the token to its lowest levels in over a week before signs of stabilization emerged. The move saw over $1 billion in market-wide liquidations and record intraday selling volume, testing critical institutional support near $3.05. Despite the drop, late-session buying hints at renewed accumulation from large holders as selling pressure eased.

News Background • Market-wide liquidations exceeded $1 billion, amplifying downside pressure across major cryptocurrencies. • XRP’s selloff coincided with a midday capitulation event, with volume reaching 436.98 million units — one of the largest single-hour prints this quarter. • Ripple’s CTO reiterated the XRP Ledger’s readiness for global financ

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