The post Morning Crypto Report: XRP Hits Brutal 760,456% Liquidation Imbalance, ‘I Feel Fine’: Ex-Ripple CTO Speaks Out on Retirement, Coinbase CEO Reveals Main Target for 2026 appeared on BitcoinEthereumNews.com.

The second week of January is off to a rough start, with a strong reminder that leverage is still the name of the game. XRP’s minor price drop led to one of the most extreme liquidation events ever recorded, catching bulls 760,000% offside in just one hour. Meanwhile, Ripple co-founder and longtime CTO David Schwartz spoke out on his retirement from his day-to-day post, saying he feels fine and happy. And Coinbase CEO, hot off a record 2025, hints at even bigger things to come in 2026. TL;DR XRP bulls wiped out by a 760,456% long-short liquidation imbalance on a 2.4% dip. Ripple CTO David Schwartz says he is fine and happy after retirement. Coinbase CEO outlines a push for 2026 dominance after a historic 2025 finish. XRP bulls walk into 760,456% liquidation trap XRP lost just over two cents in price during a late-session hour — a modest 2.41% pullback from $2.29 to $2.235 — but that small move was enough to wipe out millions in long positions and generate one of the most imbalanced liquidation metrics seen since the start of 2026. Total XRP long liquidations for the period came in at $1.38 million, as per CoinGlass, while short positions were barely touched, with under $200 in margin calls. The result was a 760,456% liquidation imbalance, which is not just due to chart shape, but also from a lot of concentrated leverage in one direction. Source: CoinGlass XRP has since stabilized just above $2.24, but the damage is structural. A lot of long positions that were loaded in above $2.28 are gone now, while shorts still lack the momentum or range to capitalize. What’s left is a market that is pretty much neutral, with not a lot of conviction and even less flexibility in how it is positioned. Across…

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Filed under: News - @ January 7, 2026 1:30 pm