$420M in leveraged long traders liquidated after XRP rallies to $1.96

holders couldn't have asked for a better year as the cryptocurrency rallied almost 800% and flirted with a $2 level in the early hours of April 14.

In addition to achieving its highest level since January 2018, this robust price increase signals that investors are not worried about the ongoing SEC “unregistered securities offering” dispute.

XRP price in USDT at Binance. Source: TradingView
XRP futures aggregate liquidations. Source: Bybt
XRP perpetual futures 8-hour funding rate. Source: Bybt