Biggest XRP Long Wipe out Since September. Here’s What Happened

The XRP derivatives market saw a major liquidation event on October 6, 2025, according to community analyst Chad ￰1￱ he shared showed that XRP long positions across major exchanges were liquidated for a total of $17.73 million, marking the largest long-side wipeout since September ￰2￱ liquidation occurred when XRP was trading at $2.885, and was followed by an immediate reversal in market ￰3￱ later noted that net inflows had already climbed back to $5.82 million, indicating renewed interest in XRP positions soon after the ￰4￱ XRP Long wipeout since Sept. 24th at $17.73Million in total. We've already reversed and sitting at $5.82Million in Net Inflows. ￰0￱ ￰5￱ — Chad Steingraber (@ChadSteingraber) October 7, 2025 Exchange Breakdown and Market Exposure The liquidation data revealed that most of the leveraged long activity was concentrated on a few leading derivatives ￰6￱ accounted for the largest portion, with $8.93 million in long ￰7￱ followed with $3.57 million, while OKX, Hyperliquid, and Gate reported $1.67 million, $1.47 million, and $1.34 million, ￰8￱ but noticeable long positions were seen on Bitmex, CoinEx, HTX, and ￰9￱ the same time, short positions across all exchanges totaled $1.81 million, which is significantly lower than the combined long ￰10￱ means that even after the wipeout, the long side of the market remained dominant, suggesting that overall sentiment among traders was still leaning toward bullish expectations for ￰11￱ are on X, follow us to connect with us :- @TimesTabloid1 — TimesTabloid (@TimesTabloid1) June 15, 2025 Rapid Reversal in Inflows Following the liquidation, market data showed that new capital quickly began flowing back into XRP ￰12￱ pointed out that net inflows had already reached $5.82 million, a figure that helped offset the earlier losses from the liquidation ￰13￱ quick turnaround suggested that many traders viewed the wipeout as an opportunity to re-enter positions at more favorable price ￰14￱ voices also echoed similar interpretations of the event.

A commentator known as X Finance Bull stated that the shakeout likely cleared weaker positions, implying that a stronger price move could ￰15￱ observer, JO, noted that weaker holders had been flushed out and highlighted that inflows were already rebounding ￰16￱ remarks reflected the growing confidence among XRP traders that the market correction might have reset leverage and paved the way for more stable ￰17￱ liquidation and subsequent inflows underline how sensitive XRP’s leveraged markets react to price swings at elevated ￰18￱ it remains to be seen whether the new inflows will sustain a broader recovery, the quick rebound demonstrates that confidence in XRP’s price structure remains intact among derivatives ￰19￱ data also points to continued interest in long positions, despite short-term ￰20￱ : This content is meant to inform and should not be considered financial ￰21￱ views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s ￰22￱ are advised to conduct thorough research before making any investment ￰23￱ action taken by the reader is strictly at their own ￰24￱ Tabloid is not responsible for any financial ￰25￱ us on X , Facebook , Telegram , and Google News