XRP’s 1,447% Liquidation Drama & Shiba’s Green List Triumph! 🚀🔥

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XRP posts one of its most distorted prints in days

XRP, that elusive specter of the digital realm, plummeted into a 1,447% liquidation abyss within a mere 12 hours, leaving traders gasping in the wake of its turbulent descent. 🌪️💸

While XRP meandered in a narrow corridor between $2.14 and $2.18, the true chaos lay hidden in the shadows of the liquidation feed, where the cryptocurrency unveiled one of its most distorted spectacles in days. 🕵️‍♂️

CoinGlass whispered tales of $1.32 million in liquidations, but the true narrative lay in the long-versus-short ledger: $1.23 million vanished from the longs, while the shorts bore a mere $85,580 wound. 💸

This chasm birthed a 1,447% imbalance, a number that sends shivers through the hearts of derivatives traders, for it spoke of a market not merely leaning long, but teetering on the edge of a precipice, where the first wave of the storm swept all away. 🧨

Shiba Inu joins Japan’s Green List

Shiba Inu, that digital hound of the meme realm, now shares the same lofty pedestal as Bitcoin and Ethereum in Japan, its name etched onto the hallowed Green List, a beacon for global acceptance and recognition. 🐶💰

The Green List, that sacred whitelist, is curated by the Japan Virtual and Crypto Assets Exchange Association, a self-regulatory guardian under the watchful eye of the Financial Services Agency. 🧭

Right now, only about 30 tokens have made it to the list. These include Bitcoin, Ethereum, XRP, Polygon (POL), Litecoin (LTC), Hedera (HBAR) and others. 🌍

Strategy (MSTR) having second-worst month since buying Bitcoin

Strategy, once a titan, now grapples with five consecutive months of losses, its financial sails furled in the face of a relentless storm. ⚓

The company is on track to record the deepest drawdown of the year (so far) in November with a 37% decline. This would be the company’s second-most harrowing month since its fateful Bitcoin acquisition in August 2020, a period of anguish that echoes through the corridors of its stock. 🧨

Once, Strategy’s stock traded at a premium over the net asset value of its Bitcoin holdings, but that premium has withered, as investors now prefer the simplicity of owning Bitcoin directly. 🧠

Ripple executive reacts to BlackRock’s first Abu Dhabi board meeting

Ripple, that digital nomad of the MENA region, has long danced in the limelight of the Middle East, and now, with BlackRock’s first Abu Dhabi board meeting, the stage is set for new adventures. 🌍

The gathering, a confluence of UAE royalty and BlackRock’s CEO Larry Fink, delved into the realms of AI, advanced technologies, and the reimagining of global investments. 🤖

101,387,800,000 SHIB in 24 hours: key metric signals possible rebound

Despite the shadows of the broader crypto market, Shiba Inu’s on-chain whispers hint at a possible rebound, as inflows to exchanges remain low, a sign that hope lingers in the hearts of its devotees. 🌱

With Shiba Inu consistently trading in the deep reds, the leading meme asset is gradually seeing momentum fade amid the broad crypto market downturn. 🚫

However, the Shiba Inu on-chain activity appears to be showing a positive outlook for SHIB, as data provided by CryptoQuant shows a decent decline in the exchange netflow of the asset over 24 hours. 📉

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2025-12-01 06:56