XRP long liquidated at 3.2640 — pause new entries
I had a long position in XRP that was liquidated.
The average entry was 3.2640 with a total exposure of $137,268. All trading bots (bpay_group) were involved.
This was a clear stop-loss event from leverage and volatility; I'm pausing new entries until conditions stabilize.
Analysis
The long liquidation indicates high leverage or a sharp adverse move in XRP; a sizable $137k exposure was closed, suggesting momentum favored sellers and liquidity was hit around 3.2640.
Recommendation
Do not buy for now — wait for clearer price stabilization or lower leverage setups before re-entering.
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.