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Ripple's XRP Drops 2.69% in One Hour to Reach $1.49

XRP fell from $1.53, while one-hour liquidations totaled $900,000 for long positions and $30,000 for shorts.

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Silver token resting on a black exchange counter / TokenPost.ai
Silver token resting on a black exchange counter / TokenPost.ai

Ripple's XRP fell 2.69% in one hour to $1.49 at 10:42 a.m. ET (14:42 UTC) on Sept. 28, marking a sharp decline in the token's short-term trading value.

XRP dropped from $1.53 one hour earlier and was down 2.15% over the previous 24 hours. The token ranked fifth by market capitalization at approximately $95.69215 billion.

One-hour liquidations totaled $900,000 for long positions and $30,000 for short positions across Binance, Bybit and OKX. The prices and liquidation figures were calculated from publicly available exchange data collected directly.

Enna Lee

Reporter

Enna Lee reports on investing and digital-asset markets for TokenPost. Send corrections or tips to info@tokenpost.com.

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