Kraken and OKX showed far smaller ranges, and $3. 66billion in XRP open interest remained after the liquidation wave.
XRP crashed 37% on Saturday, Aug. 22, but only on Bitstamp.
Bitstamp의 XRP/USD 현물 쌍은 1분 최고치인 $1에 도달했습니다. 05: 03 UTC에 69739를 기록한 후 1달러로 떨어졌습니다. 05: 10 캔들에는 06689가 있습니다. 그것은 37. 15%의 고저점 이동이었습니다. 05: 10 양초는 $1에 마감되었습니다. 44837, 1분이 끝나기 전에 급락의 대부분을 회복했습니다.
Such a brief, deep move is known as a wick. The cross-venue comparison shows why this one should not be treated as XRP's market-wide return. Kraken's XRP/USD tickershowed a rolling 24-hour high of $1. 70 and low of $1. 3359, a 21. 4% range. OKX's XRP/USDT tickershowed a $1. 70 high and $1. 3757 low, a 19. 1% range.
By roughly 01: 50 UTC on Aug. 23, 암호화폐 Slate's XRP market datashowed 10 major spot markets clustered near $1. 49 to $1. 50. While the sample is not exhaustive and does not reconstruct each venue's recovery path, it shows that major spot prices had converged after Bitstamp's anomalous low.
The 37% figure spread across social media, indicating a $0. 60 drop and a broader market dip. However, Bitstamp's candle matches the percentage, while other venue ranges show the limit of that headline.
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같은 기간에 시장 전반에 걸쳐 별도의 레버리지 플러시가 발생했습니다. UTC 5시 32분에 발표된 Ku Coin 릴레이는 4억 4, 800만 달러의 매수와 74달러를 포함하여 1시간 동안 5억 2, 300만 달러의 암호화폐 청산을 보여주는 Coin Glass 데이터를 인용했습니다. 7, 600만 개의 단편. 이는 5억 달러 규모의 XRP 매수가 몇 분 만에 사라졌다는 주장을 뒷받침하지 않습니다.
The larger figures were also market-wide rolling totals, not XRP losses. The early relay reported $1. 801billion over 24 hours. Be InCrypto later cited $1. 35billion, while a Tech Flow report published at 15: 23 UTCcited $1. 244billion and separately put XRP's 24-hour liquidations near $123million. Their differing publication and capture times changed what each rolling window contained.
Substantial XRP derivatives exposure remained after the drop. Coin Glassshowed $3. 66billion in open interest at 01: 50 UTC on Aug. 23, with $18. 08billion in 24-hour futures volume against $5. 10billion in spot volume. Afunding table updated at 12: 00 UTC on Aug. 22was sharply divided across venues rather than uniformly neutral.
원문 제목: XRP crashes 37% in one Bitstamp wick while the wider market tells a different story
Kraken and OKX showed far smaller ranges, and $3.66 billion in XRP open interest remained after the liquidation wave.
XRP crashed 37% on Saturday, Aug. 22, but only on Bitstamp.
Bitstamp's XRP/USD spot pairreached a one-minute high of $1.69739 at 05:03 UTC, then fell to $1.06689 in the 05:10 candle. That was a 37.15% high-to-low move. The 05:10 candle closed at $1.44837, recovering most of the plunge before the minute ended.
Such a brief, deep move is known as a wick. The cross-venue comparison shows why this one should not be treated as XRP's market-wide return.Kraken's XRP/USD tickershowed a rolling 24-hour high of $1.70 and low of $1.3359, a 21.4% range.OKX's XRP/USDT tickershowed a $1.70 high and $1.3757 low, a 19.1% range.
By roughly 01:50 UTC on Aug. 23,CryptoSlate's XRP market datashowed 10 major spot markets clustered near $1.49 to $1.50. While the sample is not exhaustive and does not reconstruct each venue's recovery path, it shows that major spot prices had converged after Bitstamp's anomalous low.
The 37% figure spread across social media, indicating a $0.60 drop and a broader market dip. However, Bitstamp's candle matches the percentage, while other venue ranges show the limit of that headline.
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A separate market-wide leverage flush occurred around the same period. A KuCoin relay published at 05:32 UTC cited CoinGlass data showing$523 million in crypto liquidations over one hour, including $448 million of longs and $74.76 million of shorts. That does not support the claim that $500 million of XRP longs disappeared within minutes.
The larger figures were also market-wide rolling totals, not XRP losses. The early relay reported $1.801 billion over 24 hours. BeInCrypto later cited $1.35 billion, while aTechFlow report published at 15:23 UTCcited $1.244 billion and separately put XRP's 24-hour liquidations near $123 million. Their differing publication and capture times changed what each rolling window contained.
Substantial XRP derivatives exposure remained after the drop.CoinGlassshowed $3.66 billion in open interest at 01:50 UTC on Aug. 23, with $18.08 billion in 24-hour futures volume against $5.10 billion in spot volume. Afunding table updated at 12:00 UTC on Aug. 22was sharply divided across venues rather than uniformly neutral.
