Affected by the "BlackRock XRP ETF" rumors, XRP positions exploded to US$7.1622 million in the past 24 hours

According to Coinglass data, XRP liquidations reached $7.1622 million in the past 24 hours, with long positions accounting for $4.7601 million, or 66% of the total.

Earlier today, news of a document that appeared to be a BlackRock application for an XRP ETF caused a temporary price increase. The document was submitted to the Delaware Department of Corporations and posted on their website. It contained details matching those of a BlackRock filing, including the name and address of its registered agent. It was similar to filings made for Bitcoin and ETH, but mentioned XRP.

However, a BlackRock spokesperson confirmed that the filing was not related to BlackRock.