Expert Uncovers Underlying Factor Behind Recent XRP Flash Crash
Written by Ohris M. Greyoon, Blockchain & Crypto Expert
Liquidity Crisis in XRP Markets: A recent analysis highlighted a rapid withdrawal of liquidity in XRP spot markets on Binance and Coinbase, leading to a significant price drop from over $2.8 to below $1.50 due to a lack of buy orders to absorb selling pressure.
Market Volatility and Recovery Prospects: The event underscored the fragility of market structures, with XRP's price stabilizing between $2.30 and $2.50 post-crash. Future price movements will depend on the rebuilding of liquidity and trading volume, with potential for retesting previous resistance levels if conditions improve.
About the author

Ohris M. Greyoon
Ohris M. Greyoon holds a Master’s in Computer Science from MIT and has 10 years of experience in blockchain technology and cryptocurrency markets. A pioneer in decentralized finance (DeFi) analysis, he leads Intellectia’s Crypto News, offering cutting-edge insights into digital assets.






