Usman Salis
XRP just delivered one hell of a surprise to crypto traders on July 7th, 2025. The third-largest crypto by market cap suddenly flipped the script, climbing above $2.25 and absolutely destroying short traders who thought they had it figured out.
XRP (Ripple) Bears Get Demolished in $283k Liquidation Massacre
Here's where it gets ugly for the bears. Coinglass data shows XRP liquidations hit $288.28k in just one hour, but here's the kicker - almost all of that pain went to short traders. Long positions only lost $4.85k, while shorts got hammered for $283.44k. That's a brutal 5,744% liquidation imbalance that caught everyone off guard.
Think about it - if you were betting against XRP, you just got steamrolled. The reversal was so sudden and vicious that bears didn't even have time to react. It's exactly the kind of move that makes crypto so dangerous and exciting at the same time.
XRP Bulls Smell Blood as Breakout Hopes Rise
Now everyone's asking the million-dollar question: is this the real deal or just another bull trap? Some analysts are worried this could be a fake-out designed to crush shorts before XRP continues falling. That's how bull traps work - they suck you in with false hope, then slam the door shut.
But crypto analyst Ali is seeing something different. He posted a chart on X showing XRP might be forming an inverse head and shoulders pattern. If he's right, we could see XRP push toward $2.60. That's got traders buzzing about a potential breakout.
XRP (Ripple) Next Move Keeps Everyone Guessing
The truth is, nobody knows what XRP will do next. The crypto market is unpredictable as hell, and today's winner can be tomorrow's loser. What we do know is that XRP holding above $2.25 is crucial. If it can't maintain that level, those liquidated shorts might get the last laugh.
For now, investor confidence seems solid, but this liquidation event is a reminder of why crypto trading isn't for the faint of heart. Whether you're long or short, the market can turn on you in minutes. Smart traders are watching every move, ready to adjust their positions as XRP decides its next direction.
Usman Salis
