sell
XRP Long Liquidated at 3.2441 — $90K Bot Position Wiped
I had a long on XRP that was liquidated. My average entry was 3.2441 and the position sized to about $90,223.
The exposure was managed by bots from @bpay_group, and the liquidation suggests either excessive leverage or an unprotected stop loss during high volatility.
I’m pausing re-entry until I see clearer price stability and will reduce leverage and position size when I reconsider this market.
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Analysis
The liquidation indicates significant downside pressure or a leverage-driven stop cascade. Using bots likely amplified execution speed but not risk control — the market moved against the position enou...
Recommendation
Do not re-enter with the same size or leverage. Wait for lower volatility and clearer support, reduce position size, use tighter risk controls, and reassess bot parameters before allocating capital ag...
Disclaimer
The Analysis and recommendations provided are for informational purposes only. Any investment decisions should be made at your own risk. Past performance is not indicative of future results. Always conduct your own research and consider consulting with a financial advisor before making any investment decisions.