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## XRP Trading Drama: Major Losses and Market Volatility 📉
**Here's what happened with XRP recently:**
### 🔥 A large trader is facing liquidation again.
- The crypto trader Qwatio faced another massive liquidation in the short position for XRP.
- Lost more than **$83,223** when XRP rose to $2.92 yesterday
- His total losses now exceed **$3.6 million** - Oh the pain! 😬
### 📊 Number Game
1. **Qwatio Center**: Short selling with 20x leverage on 6.17 million XRP (~$17.6 million)
2. **Entry price**: $2.8519
3. **Liquidation Target**: $2.9155 ( was liquidated at $2.9154!)
### 💥 Market-wide massacre
- XRP traders collectively lost **more than $7 million** in 24 hours
- Long positions: $5.3 million was liquidated
- Short positions: $2.02 million wiped out
- The wider crypto market saw **$338 million** in total liquidations!
### 🎯 The main monitoring levels
- **Resistance $2.93**: Could lead to an additional $41.39 million in short positions being liquidated.
- **Support $2.80**: Risk of wiping out $86 million long positions
*Current XRP price: $2.87 (-0.42% in 24 hours)*
The information mentioned above does not constitute investment advice.