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Binance Coin leaps past $1K, Murrey Math reveals next target
Crypto Trends

Binance Coin leaps past $1K, Murrey Math reveals next target

by admin September 21, 2025



Binance Coin (BNB) has surged past the $1,000 mark this week, extending its strong rally fueled by robust network growth and investor optimism.

Summary

  • BNB’s price surge is backed by impressive growth across multiple sectors of the crypto ecosystem.
  • The network boasts over 11.8 million stablecoin addresses, outpacing Ethereum’s 3 million, while its DeFi and gaming sectors continue to thrive. With total value locked (TVL) in decentralized finance reaching $11.75 billion and over $3.2 billion in daily DEX volume, BNB is emerging as a key player in both DeFi and blockchain gaming.
  • As speculation builds around the potential approval of a spot BNB ETF, analysts predict that the coin could climb as high as $1,125, further validating its bullish outlook.

Binance Coin price enjoys boost

With technical indicators such as a cup-and-handle pattern and Murrey Math Lines pointing toward further gains, BNB’s bullish momentum shows no signs of slowing down.

Artemis data shows that it has over 11.8 million stablecoin addresses, much higher than Ethereum’s (ETH) 3 million. The stablecoin supply rose to $11.2 billion, while the adjusted volume in the last 30 days to over $187 billion. 

BNB Chain has also become the second-biggest network in the gaming industry after Sei. According to DappRadar, it had over 6 million unique active users in the last 30 days.

It is also a major player in decentralized finance, with its total value locked jumping to $11.75 billion. The biggest apps on the platform are PancakeSwap, Venus, Lista DAO, and Solv Protocol.

DeFi Llama data shows that it is a top player in the decentralized exchange industry. DEX apps in its network handled over $3.2 billion in volume in the last 24 hours, bringing the month-to-date volume to $52 billion.

BNB price has also soared as investors await the Securities and Exchange Commission’s approval of the spot BNB ETF. The ETFs, if approved, will likely have robust inflows as Bitcoin (BTC) and Ethereum (ETH) have demonstrated. 

BNB price technical analysis

Binance Coin price chart | Source: crypto.news

The daily timeframe chart shows that the Binance Coin price has been in a strong bull run. It has constantly remained above the 50-day and 100-day Exponential Moving Averages and the Ichimoku cloud. 

Likewise, the Relative Strength Index and the Average Directional Index have continued soaring.

The ongoing BNB price surge happened after it formed a cup-and-handle pattern whose depth was about 36% — measuring the same distance from the cup’s upper side at $792 points to more gains towards $1,090. 

The coin has moved to the ultimate resistance level of the Murrey Math Lines tool. This means that the BNB price may continue rising to the extreme overshoot level at $1,125. A drop below the support at $900 will invalidate the bullish forecast.



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September 21, 2025 0 comments
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Low Risk DeFi Could Drive Ethereum Fees While Keeping Values Aligned
Crypto Trends

Low Risk DeFi Could Drive Ethereum Fees While Keeping Values Aligned

by admin September 21, 2025



Ethereum co-founder Vitalik Buterin said revenue from low-risk decentralized finance protocols could give the network economic stability — much like Google Search supports Google — while letting nonfinancial apps uphold Ethereum’s cultural values.

Low-risk DeFi could address “important tensions” in the Ethereum community over whether apps that bring in enough revenue to economically sustain the ecosystem align with the cultural and ethical values that brought people to Ethereum in the first place, Buterin said in a blog post on Saturday.

The former has been a combination of nonfungible tokens, memecoins, and speculative trading, while the nonfinancial and semifinancial apps that reflect Ethereum’s cultural values have either struggled to gain widespread adoption or haven’t generated enough fees, he said.

“This disjointness created a lot of dissonance in the community,” Buterin said, before making his case for low-risk DeFi being Ethereum’s main fee generator. One example Buterin highlighted was deposit rates for stablecoin lending on DeFi protocol Aave, which hover around 5% for blue-chips like Tether (USDT) and USDC (USDC) and above 10% for higher risk stables.

Similarly, Buterin noted that Google does many “interesting and valuable things” — such as its Chromium family of browsers, Pixel phones, its open-source AI Gemini models, and more — but the revenue they make from those products is a fraction compared to what it makes through search and advertisements. 

It comes as the total value locked on Ethereum DeFi recently surpassed $100 billion for the first time since early 2022. DeFi TVL tanked massively across the ecosystem during the 2022-2023 bear market, and TVL figures have largely trailed the performance of top layer 1 tokens this bull market.

Source: Djani

Related: Ethereum is the ‘biggest macro trade’ for next 10-15 years: Fundstrat

However, DeFi has picked up lately amid an increase in regulatory momentum, particularly the Digital Asset Market Clarity Act, which is tipped to push DeFi adoption even further. A recent survey from the DeFi Education Fund found that over 40% of Americans are open to DeFi if stronger laws are put in place.

Ethereum has the potential to “do much better” than Google

Ethereum has the potential to “do much better” than Google due to its decentralization. Unlike Google, Ethereum’s decentralized structure better positions low-risk DeFi to align financial success with ethical outcomes, creating harmony between “doing well” and “being good.”

“The revenue generator does not have to be the most revolutionary or exciting application of Ethereum. But it does need to be something that is at least not actively unethical or not embarrassing.”

Buterin criticized Google’s incentive model, noting that advertising revenue pushes the company to hoard user data, conflicting with its original open-source and positive-sum ethos.

Vitalik advocates for basket currencies, flatcoins 

While low-risk DeFi is often about enabling easier access to the US dollar — particularly those in low-income and high-inflation countries — Buterin would like to see other innovations that provide economic support to Ethereum.

Buterin pitched the idea of building cryptoassets that track a basket of currencies and flatcoins that are based directly on consumer price indices.

Magazine: Astrology could make you a better crypto trader: It has been foretold



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September 21, 2025 0 comments
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Flora Growth Corp. Raises $401M To Launch 0G Token Treasury
Crypto Trends

Flora Growth Corp. Raises $401M to Launch 0G Token Treasury

by admin September 21, 2025



Flora Growth Corp., an international pharmaceutical distributor, has announced a $401 million funding initiative, including a $22.88 million strategic investment from DeFi Development Corp., a leading Solana treasury company. This collaboration aims to launch an innovative AI-powered treasury strategy for Zero Gravity (0G) coin.

In its official news blog, Flora said that upon closing the transaction, the company expects to rebrand itself as ZeroStack and retain the “FLGC” ticker symbol. Flora has initiated this investment collaboration to incorporate innovative DeFi solutions into conventional business models and utilize AI technology to enhance treasury management. 

Flora has raised more than $366 million in digital assets and $35 million in cash and is now involved in a private placement transaction (“PIPE transaction”) to buy and sell its common shares at $25.19 per share. In this deal, each 0G token contributed in-kind loans, valued at $3.00. Additionally, certain cash investors and those who fund their purchases with 0G tokens will receive pre-funded warrants that can be exercised once the company receives shareholder approval.

“AI isn’t just transforming what companies do, it’s transforming how they must build infrastructure,” said Daniel Reis-Faria, incoming Flora Growth CEO. “This treasury strategy offers institutional investors equity-based exposure to the foundational infrastructure enabling transparent, verifiable, large-scale, cost-efficient, and privacy-first AI development.” 

The firm also said that 0G has been successful in training a 107 billion parameter model using distributed clusters over low-throughput internet connections. This shows a 357 times better performance than previous research from Google (DiLoCo) and proves that large AI models can be trained well without needing a central system. Additionally, distributed networks can now manage the complex computing tasks that were once believed to need centralized data centers. 

0G’s leap into decentralized AI infrastructures

0G is the first-ever Web3 AI company to vertically integrate its proprietary storage network, compute network, and training marketplace to fully decentralize AI workloads. This infrastructure is bundled into an all-in-one operating system, offering highly performant AI tools for seamless integration by Web2 and Web3 builders.

DeFi Development Corp. is at the forefront of the investment. It is the first Solana-based Digital Asset Treasury (DAT) company, which accumulates and compounds SOL tokens. Other firms participating in the investment are Dao5, Abstract Ventures, Dispersion Capital, Blockchain Builders Fund, and Salt. 

“We’re thrilled to partner with FLGC on this fundraiser and look forward to driving a deep collaboration between 0g and Solana,” said Joseph Onorati, CEO of Defi Development Corp, adding, “DFDV is excited to support AI adoption across Solana.” 

Following the closing of this PIPE transaction, which is expected to be around September 26, subject to customary closing conditions, Flora intends to use the proceeds of the deal to acquire additional 0G token, the native cryptocurrency of the 0G ecosystem.

Also Read: Trust Wallet Token Price Surges 30% to $1.26 Following CZ X Post



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September 21, 2025 0 comments
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Ethereum (ETH) Price Prediction for September 20
Crypto Trends

Ethereum (ETH) Price Prediction for September 20

by admin September 21, 2025


The market is back to red at the beginning of the weekend, according to CoinStats.

Top coins by CoinStats

ETH/USD

The price of Ethereum (ETH) has declined by 1.16% since yesterday.

Image by TradingView

On the hourly chart, the rate of ETH has made a false breakout of the local support of $4,458. 

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However, if the daily bar closes around that mark or even below, the fall may continue to the $4,450 zone by the end of the week.

Image by TradingView

On the bigger time frame, the situation is more bearish than bullish. If buyers cannot seize the initiative and the daily bar closes near the $4,424 support, the accumulated energy might be enough for a dump to the $4,300-$4,400 zone.

Image by TradingViewe

From the midterm point of view, the price of the main altcoin is in the middle of the channel between the support of $4,166 and the resistance of $4,788. As neither side is dominating and the volume is low, traders are unlikely to see sharp moves by the end of the month.

Ethereum is trading at $4,469 at press time.



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September 21, 2025 0 comments
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Crypto Trends

Ethereum Devs Set December Date for Fusaka Upgrade

by admin September 21, 2025



In brief

  • Mainnet activation is set for December 3, with testnets starting in October.
  • Recent testing suggested raising blob capacity in phases.
  • Further tests will confirm those numbers before rollout.

Ethereum developers have set Dec. 3, 2025, as the mainnet activation date for the Fusaka upgrade, nudging forward a timeline that had been expected to extend well into 2026.

The decision came after testing on Fusaka Devnet-5, which highlighted some software bugs and setup errors that cut short the time developers had to measure data capacity, according to a summary from researcher Christine Kim.

During the brief period when the test network was stable, developers agreed to raise blob capacity in two steps: First to 10/15 blobs per block, then to 14/21. A blob on Ethereum is a temporary data packet that rollups, or bundling and scaling solutions on the network, use to post transaction data to the blockchain at lower costs.

Another Ethereum test network, called Devnet-6, will be launched soon to double-check those numbers before they go live on public testnets and mainnet, per the call logs.



Developers found that the Prysm client, one of Ethereum’s major validator clients, struggled under high loads, creating orphaned blocks.

Validator clients are the software running Ethereum’s proof-of-stake system, responsible for proposing and verifying blocks. A block is “orphaned” when it was produced correctly by a validator, but was rejected because the network chose a different block for the same spot in the chain.

Ethereum researcher Justin Traglia said a bug in the ckzg library, used to verify blobs, had been fixed, and added that a lighter version is being prepared to make upgrades easier for client teams.

The Ethereum Foundation did not immediately return Decrypt’s request for comments.

According to the notes from Kim, the faster timeline is aimed at giving rollups more blob space to handle transactions and keep fees low, with capacity raised step by step to reduce the risk of overloading the network. Over the call, developers also confirmed that client teams will ship bundled releases for the October testnet upgrades and run shadow forks, or copies of Ethereum’s main network,  ahead of deployment. The developers then agreed that delays remain possible if new bugs appear or if testing falls short.

The Fusaka upgrade follows Pectra, which was rolled out in May and helped make the Ethereum network easier to use, raised staking limits, and boosted data capacity to reduce costs for rollups.

At the time, industry observers touted Pectra as a turning point for Ethereum’s roadmap, but also warned that scaling pressures would persist, with rollups needing far more blob capacity to stay uncongested as usage grows.

Fusaka is designed to address that demand, phasing in higher blob limits much sooner as network activity continues to increase.

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September 21, 2025 0 comments
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Is US crypto regulation favoring CeFi over DeFi?
Crypto Trends

Is US crypto regulation favoring CeFi over DeFi?

by admin September 21, 2025



Once heralded as a disruptive alternative to traditional finance, the DeFi (decentralized finance) sector now faces competition from CeFi (centralized finance)—a hybrid model that blends crypto’s financial rewards with the familiar convenience of centralized platforms.

Summary

  • While the current administration is not suppressing decentralized platforms, it doesn’t focus on this space either.
  • The CLARITY Act is set to clarify the legal status of cryptocurrencies. The crypto community members shared the principles of decentralization that should be included in the bill.
  • There is a risk that centralized companies will disguise themselves as decentralized to benefit from the “innovator exempt.”

While much is said about the support of the Trump Administration for the crypto sector in general, tech attorney Alexander Urbelis and other experts believe that the U.S. regulators favor CeFi over DeFi.

But Urbelis warns that the U.S. regulators’ leaning toward facilitating centralized crypto businesses creates dangers. His concerns were outlined in the Unchained media article on Sept. 17.

Generally, U.S. regulators are more focused on platforms and products that comply with anti-money laundering (AML) laws and collect user data.

What’s the difference between DeFi and CeFi?

While DeFi and CeFi platforms offer similar services—like cryptocurrency exchange and yield farming—the key difference lies in control.

Blockchain Association co-founder Connor Spelliscy outlines seven principles of decentralization, developed with input from over 40 industry experts:

  • Open: The source code should be available to the public.
  • Autonomous: The network should be controlled by the encoded rules without human intervention.
  • Permissionless: No one can restrict the use of the network for others unilaterally.
  • Non-Custodial: The platform doesn’t store private keys of its users. Only users themselves are in charge of keeping their keys and private data.
  • Distributed: No person or group of people can perform changes to the network unilaterally, nor can they control large portions of the token supply.
  • Credibly Neutral: The code doesn’t provide anyone with the network privileges over other users.
  • Economically Independent: The network mechanisms facilitate the token value growth.

These principles stand in stark contrast to the approach of U.S. policymakers, particularly in the CLARITY Act, which may allow companies to self-certify as decentralized.

This could lead to discrepancies in how decentralization is defined, allowing centralized platforms to exploit the benefits meant for true DeFi projects.

Spelliscy warns that without clear definitions, opportunistic companies may pass themselves off as DeFi while enjoying the regulatory advantages intended for innovators.

Does the U.S. crypto regulation favor CeFi over DeFi?

The CLARITY Act aims to define the legal status of cryptocurrencies, but it’s still unclear whether decentralized projects will thrive under the current administration.

While regulators have paused legal actions against major CeFi players like Circle, Binance, and Coinbase, they’ve taken a harsher stance on DeFi developers such as those behind Samourai Wallet and Tornado Cash, who face prison for creating privacy tools.

The $USDH debate is one of the more interesting events in recent crypto memory — a case where US policy (the GENIUS Act) is crucial to a major design decision.

I have no vote, but I do see some misunderstanding about GENIUS worth clarifying. A few points to consider for those…

— Jake Chervinsky (@jchervinsky) September 10, 2025

The passage of the GENIUS Act in 2025, which sets the framework for stablecoin issuers, is seen as a step forward. However, critics argue it only lays the groundwork for further regulation. While stablecoins serve as a key entry point to DeFi, the U.S. government’s oversight—requiring issuers to obtain permission and collect user data—undermines decentralization.

In sum, the Trump administration doesn’t actively target decentralized platforms, but it clearly seems to favor CeFi over DeFi.





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September 21, 2025 0 comments
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AI the New Tech Stack
Crypto Trends

AI the New Tech Stack

by admin September 20, 2025



The Internet Computer ICP$4.7556, a blockchain project that has sought to differentiate itself from rivals, is doubling down on its pitch as the go-to network for on-chain artificial intelligence (AI).

This could be the beginning of a new tech stack – one in which AI, not humans, becomes the primary developer of applications, according to Dominic Williams, founder of Internet Computer developer Dfinity.

Williams argued that while crypto prices remain driven largely by market mechanics – treasury operations, liquidity games and speculation – the underlying technology will eventually force a reckoning in an interview with CoinDesk.

“In the long run, markets begin to reflect realities on the ground,” he said. “But as yet you’re not seeing what’s happening with Internet Computer reflected in ICP’s price.”

Running AI on-Chain

The Internet Computer first demonstrated neural networks running as smart contracts in April last year, starting with image classification and later facial recognition, Williams said.

While those were relatively simple models compared to large language models – the kind that power AI tools like ChatGPT and Gemini – they were proof of concept: that AI can run natively on a blockchain. No other network has achieved this, Williams pointed out, despite the chatter about “decentralized AI.”

Where others rely on off-chain infrastructure like Amazon Web Services, ICP seeks to integrate the full AI development and execution stack on-chain. Williams describes this as “a self-writing internet” – a system where users describe what they want, and an AI delivers it as a working application, hosted directly on Internet Computer.

The bigger idea, Williams said, is that AI itself will replace much of today’s developer workflow. Instead of humans writing code, configuring databases and maintaining servers, an AI could spin up applications instantly, update them continuously and ensure resilience through blockchain-based guarantees.

This reframes the blockchain not just as a settlement layer for tokens, but as the optimal environment for AI-generated applications. ICP’s design, with features like “reverse gas” – the model where developers pay for the computational costs of their applications, rather than requiring end users to pay a transaction fee – removes the need for firewalls or database migrations that plague traditional infrastructure.

“AI is developing these apps hundreds of times faster than humans could,” Williams said. “And because there are no system admins standing by, you need the guardrails only blockchain can provide.”

Williams pointed to early hackathons where ordinary people used AI on ICP to build apps: from a crowdsourced pothole-mapping platform, to a tool for generating wills and health directives.

The vision is that such tools could proliferate in the millions. Entrepreneurs, small businesses and even NGOs could create customized apps without technical expertise, paying for usage with fiat while crypto tokens underpin the system behind the scenes.

Price Action Still Lagging

Despite these developments, the ICP token has yet to see sustained momentum. It briefly rallied when AI integrations were announced last year, but has since traded more in line with broader market sentiment than with user adoption.

Williams accepts this disconnect but predicts that markets may catch up very soon.

“This could be the first time Web3 actually outcompetes Web2 technologically, without a token incentive in sight,” Williams said. “The shock will be when people realize they can just talk to an AI, and a blockchain app appears at a URL.”



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September 20, 2025 0 comments
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Crypto Markets Will Rally Once US Treasury Hits $850 Billion Goal: Analyst
Crypto Trends

Crypto Markets Will Rally Once US Treasury Hits $850 Billion Goal: Analyst

by admin September 20, 2025



Crypto markets will enter “up only” mode once the United States Treasury hits its target goal of filling the General Account (TGA), the Treasury Department’s bank account, with $850 billion, according to Arthur Hayes, co-founder of the BitMEX crypto exchange.

“With this liquidity drain complete, up only can resume,” Hayes wrote on Friday as the US TGA’s opening balance crossed $807 billion. When the Treasury is filling its General Account, the funds are generally sequestered and do not flow into private markets.

However, not all analysts were convinced by Hayes’ prediction that liquidity will flow to financial markets once the US Treasury hits its goal.

Source: Arthur Hayes

“Net liquidity has a loose correlation to Bitcoin and crypto at best, though. Think that is a useless banana in my view,” André Dragosch, the European head of research at investment firm Bitwise, responded.

Many crypto investors and traders anticipate rising liquidity levels in the coming months as the US Federal Reserve leans into the interest rate-cutting cycle, which should boost asset prices until liquidity dries up and the rate-tightening process begins again.

Related: Bitcoiners chasing a quick Lambo are heading for a wipeout: Arthur Hayes

US Federal Reserve slashes rates for the first time in 2025, while investors anticipate more cuts

The United States Federal Reserve slashed interest rates by 25 basis points (BPS), or a quarter of a percent, on Wednesday — the first interest rate cut since 2024.

Bitcoin (BTC) dipped below $115,000 immediately following the rate cut, in a classic sell-the-news event.

Nic Puckrin, founder of education and media company Coin Bureau, warned of a short term pullback and said that markets likely priced in the cut ahead of the US central bank’s decision to slash rates.

Federal Reserve chairman Jerome Powell said the Federal Open Market Committee (FOMC), the group of 19 officials that weighs interest rate decisions, remains divided on additional rate cuts in 2025.

91.9% of traders now expect an interest rate cut of up to 50 BPS at the next FOMC meeting in October. Source: CME Group

However, 91.9% of traders anticipate the FOMC will cut interest rates by up to 50 BPS at the next meeting in October, according to data retrieved at the time of this writing from the Chicago Mercantile Exchange (CME) Group.

The CME Group is a company that manages major financial derivatives exchanges, including futures marketplaces.

Magazine: Bitcoin to see ‘one more big thrust’ to $150K, ETH pressure builds: Trade Secrets



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September 20, 2025 0 comments
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Anchorage Digital Applies For Fed Master Account
Crypto Trends

Anchorage Digital Applies for Fed Master Account

by admin September 20, 2025



Anchorage Digital, the first crypto bank in the United States to receive a national trust bank charter from the Office of the Comptroller of the Currency (OCC), has applied for a master account with the Federal Reserve. If approved, the company will not have to rely on intermediaries anymore to access the U.S. central banking system and the Automated Clearing House (ACH) Network, leading to a federal validation status as well as cost efficiency.

The company filed its application on August 28, signaling its intention to streamline how digital assets connect with traditional finance. By eliminating the need for third-party banks, the direct access would lead Anchorage to reducing fees, settlement times, and operational complexity. Just as important, the federal recognition could strengthen client confidence, attract larger institutional partners, and legitimize crypto banking within the U.S. financial system.

The bigger picture

The application follows an important sequence of past events. In 2022, the Office of the Comptroller of the Currency (OCC) placed Anchorage under a consent order after finding weaknesses in its anti-money laundering (AML) program. After three years of oversight, regulators determined the issues had been resolved and lifted the order in August 2025. With that compliance cleared, Anchorage now presents itself as fully aligned with federal standards and prepared to scale its services.

Anchorage’s strategy mirrors a broader trend in the industry. Ripple filed for a national bank charter in July, while stablecoin issuers Circle and Paxos are also pursuing federal-level approvals. These efforts underline that major digital asset firms are seeking direct access to U.S. payment systems to lower reliance on intermediaries and improve operational efficiency, as well as national recognition.

Efficiency and regulation

Anchorage Digital’s application for a Federal Reserve master account aims to enhance its position after resolving past compliance issues and securing federal validation. By seeking to cut costs and settlement times while aligning with national standards, the firm joins Ripple, Circle, and Paxos in testing how far crypto institutions can integrate into the U.S. financial system, a strategy attempted before but now backed by clearer regulatory progress.

Also read: Franklin Templeton Expands BENJI Token Support with Anchorage Digital



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September 20, 2025 0 comments
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XRP Hit by Crazy 903% Liquidation Imbalance in Just 24 Hours
Crypto Trends

XRP Hit by Crazy 903% Liquidation Imbalance in Just 24 Hours

by admin September 20, 2025


XRP’s price fluctuation has pulled it below the $3 mark in the last 24 hours. This has triggered a massive liquidation imbalance for those betting long on the coin. CoinGlass data shows XRP bulls have been caught unawares as the price took a plunge, contrary to expectations that it would rally.

Long traders’ huge loss as XRP falls below $3

Notably, in the last 24 hours, approximately $7.93 million was wiped out as a result of the price volatility. Long traders lost a staggering $7,210,000 to set up a 903% liquidation imbalance within this time frame. It indicates that a lot of XRP holders were betting on a further increase in the value of the asset before it nosedived.

Worth mentioning is that XRP is not the only asset with a liquidation imbalance set against bulls. Ethereum, which posted the highest liquidation figures, saw long position traders losing $61.5 million, as against short position traders’ loss of $4.14 million.

The leading cryptocurrency, Bitcoin, registered a total of $35.10 million within this period. Out of this, bulls betting on a price surge also saw $33.10 million wiped out, while shorts recorded $2 million in losses. This signals a market-wide pattern of liquidation imbalance as the crypto sector fails to rally.

XRP’s price crashed from $3.04, breaching the critical $3 level, and has been prevented from a free fall by the $2.90 support. As of this writing, the coin continues to change hands at a price of $2.98, representing a 1.68% decline in the last 24 hours.

XRP Daily Price Chart | Source: CoinMarketCap

The price dip did not spare short position traders as they also suffered a mild loss of $718,830 within the same period.

XRP investors awaiting October rally?

Interestingly, analysts have attributed the stagnation in XRP’s price to a deliberate suppression move by institutional interests. Versan Aljarrah, the founder of Black Swan Capitalist, and Jim Willie both claimed that powerful financial institutions are manipulating the asset’s growth to accumulate the asset at a cheaper rate.

According to Willie, were it not for this price manipulation, XRP could have soared to between $7 and $8 in the latest run. The analysts consider XRP as an alternative liquidity to U.S. fiat, hence the huge bet by institutional interests.

Regardless of the current price outlook, most market participants appear to be waiting for October, when the price of most crypto assets historically records a rally. The current low trading volume, which is down by 28.6% at $3.83 billion, suggests a cautious pullback by investors.



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