The crypto market has again shown investors how quickly things can change, and how brutal those changes can be. Within minutes, XRP — one of the most heavily traded digital assets — saw its price collapse nearly 70%, leaving traders stunned and scrambling for answers. The event, which many described as a “flash crash,” has since sparked intense debate about whether it was a natural correction or a coordinated move designed to wipe out leveraged long positions. According to crypto analyst Egrag Crypto, the recent XRP crash was anything but random. In a detailed explanation shared on X, he described the event as a targeted liquidation engineered to clear out long positions, with Binance at the center of the controversy . His insights, supported by real-time market data, paint a picture of a sudden and highly suspicious market move. #XRP and Crypto Update (1/2): The recent crash was designed to liquidate all #XRP long positions, and I’m here to explain why and how with proofs. I’ve received many messages in my DMs, so I want to clarify what happened. While I usually focus on predicting the… pic.twitter.com/f7hUvY37IX — EGRAG CRYPTO (@egragcrypto) October 11, 2025 A Sudden Collapse That Defied Logic The XRP meltdown unfolded in less than eight minutes — a window too short for any typical market correction. While Bitcoin dropped around 13% from its $118,000 high and Ethereum lost about 15%, XRP’s plunge was catastrophic, tumbling from roughly $2.65 to as low as $0.78 on Binance. No other major asset suffered a comparable drawdown during that same timeframe. Egrag explained that this was not the result of technical failure or widespread panic, but rather the work of insiders with privileged information. “A big whale was shorting the market hours before the crash,” he revealed, noting that their position size increased even as the market collapsed. “Do you think they relied on technical analysis? No, they had inside information.” Suspicious Exchange Activity In his analysis, Egrag pointed directly at Binance, suggesting that the exchange’s trading behavior during the crash may not have been coincidental. Prices on Binance reportedly plunged to $0.78, far below the levels recorded on other exchanges. Interestingly, on-chain data support the observation that massive short positions were opened shortly before the dump . Large wallet addresses linked to institutional trading desks moved significant volumes to exchanges within hours of the event — activity consistent with what Egrag described as “orchestrated liquidation.” We are on X, follow us to connect with us :- @TimesTabloid1 — TimesTabloid (@TimesTabloid1) June 15, 2025 Technical Targets Were Met, But at a Cost Before the crash, Egrag had already set clear downside targets for XRP at $2.65, $2.55, and $2.40 — all of which were hit in sequence. For traders following his technical projections without leverage, the event was survivable. However, for those overexposed in leveraged long positions, the rapid plunge proved devastating, triggering one of the largest single-asset liquidation waves since 2022. Despite the panic, Egrag emphasized that nothing structurally changed in XRP’s long-term outlook. Instead, he framed the incident as a “reset” — an aggressive, orchestrated flush of weak hands that cleared liquidity before the next leg up. A Warning for the Market The recent crash has reignited conversations about market transparency and insider advantage in crypto trading. While Egrag Crypto’s claims suggest possible manipulation, they also highlight the fragility of a market where a handful of exchanges and whales can dictate price movements within minutes. For now, the event serves as a sobering reminder that even established digital assets like XRP are not immune to market games. As Egrag concluded, the best defense remains strategic patience and minimal leverage, because in the unpredictable world of crypto, “liquidations don’t happen by accident — they’re designed.” Disclaimer : This content is meant to inform and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s opinion. Readers are urged to do in-depth research before making any investment decisions. Any action taken by the reader is strictly at their own risk. Times Tabloid is not responsible for any financial losses. Follow us on Twitter , Facebook , Telegram , and Google News The post Expert Explains Why Recent XRP Crash Happened appeared first on Times Tabloid .
