XRP Price Falls as Crypto Longs Get Wiped Out and XRPL Upgrade Delayed
CryptoNews · Thu, 22 Oct 2026 13:28:00 GMT
Hype 25/100 · Market impact 60/100 · Breaking 62/100
Tags: XRP
XRP dropped below $1.35 after an attempted recovery toward $1.40 lost momentum, leaving the token down 2% over 24 hours though still up 1.1% over seven days. More than $220 million in crypto long positions were reportedly liquidated over 12 hours as Bitcoin and Ethereum fell toward $81,000 and $2,300, respectively; long positions are leveraged bets that prices will rise, and forced closures can add selling pressure. The XRP Ledger’s fixCleanup340 maintenance amendment, initially expected to activate on October 23, was rescheduled for November 4 at 14:46 UTC after validator support briefly fell to 26 of 35 trusted validators, below the 29 votes required.
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