XRP Price Surges 8% to $2.60 After 40% Flash Crash – Will ETF Hype Push It Beyond $3?
XRP has been highly volatile this week. CoinMarketCap data confirm it is trading in the low $2’s on Oct. 14, a sharp rebound from last week’s lowscrypto.newsts2.tech. After briefly plunging to $1.64 on Oct. 10 – the biggest one-day drop in years – traders saw XRP recover above $2.50 within dayscoindesk.comts2.tech. The crash was fueled by rapid deleveraging: CoinDesk reports futures liquidations wiped out roughly $150 million in long bets, and 320 million XRP were moved to exchanges as whales offloaded holdingscoindesk.comcoindesk.com. Remarkably, late-session buying stabilized XRP around $2.35–$2.40 on Oct. 10, suggesting deep-pocketed investors were buying the dipcoindesk.com.