Ethereum (ETH), XRP, and Binance Coin (BNB) are encountering significant liquidation risks due to increased leverage and market volatility in the second week of October. If Ethereum's price falls to $4,030, it could trigger the liquidation of over $9 billion in long positions, while a surge above $5,000 might result in $2 billion in short liquidations. XRP traders face potential liquidations of $560 million in long positions if the price drops to $2.65. Meanwhile, BNB's open interest has reached a record $2.5 billion, with a price decline to $1,034 potentially leading to over $300 million in long liquidations. Analysts caution about profit-taking and possible market corrections.
ETH, XRP, and BNB Face Liquidation Risks Amid Market Volatility
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