The liquidity doctor recommends the closure of a long XRP position | Flash news details

On February 9, 2025, the trade community witnessed an important event in the cryptocurrency market, where the merchant known as the liquidity doctor closed a long position on the XRP, which was part of the challenge of increasing the investment of $ 100 to $ 1,000. Trade was closed at 12:00 pm UTC, where XRP is traded at $ 0.65 according to data from Coinmarketca (Source: CoinMarketcap, February 9, 2025, 12:00 pm UTC). This closure represents the end of a long strategic location that was launched at $ 0.55 on January 20, 2025, as Twitter reported (Source: DoctortRaderr, January 20, 2025). Deficient profit from this trade reached a profit of 18.18 %, calculated from entry and exit prices (Source: Coinmarketcap, February 9, 2025, 12:00 pm UTC and January 20, 2025, entry price). The size of XRP was trading during the 24-hour period before the end of the end 1.2 billion XRP, which is a 15 % increase compared to the average daily size of the previous week (Source: Coingecko, 9 February, 2025, 12:00 PM UTC and average 2-8 February, 2025). This indicates an increase in interest and liquidity soon from the closure of trade. In addition, the XRP/USD trading pair showed a significant increase in size, with a peak of 500 million XRP during the trade closure hour (Source: Binance, February 9, 2025, 11:00 am – 12:00 pm UTC). Other commercial pairs such as XRP/BTC and XRP/ETH have also witnessed increasing sizes, with 100 million XRP trading on each pair in the same period (Source: Kaken, February 9, 2025, 11:00 am – 12:00 pm UTC). The scales on the series also reveal that the number of active titles on the Professor XRP book increased by 10 % in the 24 hours before the closure of the trade, indicating an increase in the network activity (Source: XRPL METRICS, February 9, 2025, 12:00 pm UTC ). The average volume of transaction during this period increased by 5 %, indicating that the largest transactions may occur (Source: XRPL measures, February 9, 2025, 12:00 pm UTC). The closure of this trade, given its general nature and the associated challenge, has affected the morale of the market and contributed to the observable size and price movements.

The effects of this trade closure in the broader XRP market are important. After the closure, XRP saw a slight decrease in the price to $ 0.64 during the next hour, according to Coinmarketca (Source: Coinmarketcap, February 9, 2025, 1:00 pm UTC). This decrease can be attributed to traders who make profits after the announcement, as the size of the XRP that was sold by 20 % increased in the following hour to close the trade (Source: Binance, 9 February, 2025, 12:00 pm – 1:00 pm UTC) . XRP, which was at 72 before the trade closed, decreased to 68 within an hour, indicating a slight decrease in purchasing pressure (Source: TradingView, February 9, 2025, 12:00 pm and 1: 00: World time in the evening). The difference of moving average rapprochement (MACD) showed a declining intersection immediately after the closure of the trade, indicating a possible direction in the short term of XRP (Source: TradingView, 9 February, 2025, 12:00 pm – 1:00 pm UTC) . Bollinger also expanded, indicating an increase in fluctuation at the time of trade closure (Source: Tradingview, February 9, 2025, 12:00 pm – 1:00 pm UTC). The volume of trading on other stock exchanges such as Coinbase and Bitfinex has seen an increase, as 300 million XRP was traded on Coinbase and 200 million XRP on Bitfinex during the next hour to close trade (Source: Coinbase and Bitfinex, February 9, 2025, 12:00 PM – 1: 00 pm UTC). The relationship between XRP and other major cryptocurrencies such as Bitcoin and Ethereum remained stable, with a correlation coefficient of 0.75 and 0.65, respectively, indicating that the impact of trade closure has been translated primarily to XRP (Source: Cryptowatch, February 9, 20, 12 12:00 pm – 1:00 pm UTC). This event emphasizes the impact of prominent traders and their general challenges on market dynamics and trading behavior.

The technical analysis of XRP at the time of the closing of the trade reveals many major indicators. The 50 -day moving average for XRP was at $ 0.60, and the moving average was 200 days at $ 0.58, both of which were 9, 2025, 12:00 pm UTC). Fibonacci’s decline levels showed another level of $ 0.50 to the top 0.70 dollars that XRP was closed near the rescue level by 61.8 % of $ 0.64, which is an important support level (Source: Tradingvief, 9 February, 2025, 12:00 pm UTC) . The trading volume of XRP in the 24 hours that preceded the closure of the trade is 1.2 billion XRP, which is a noticeable increase from the average daily size of 1.04 billion XRP during the past week (Source: Coingecko, 9 February, 2025, 12:00 pm UTC and Mediterranean 2-8 February, 2025). The sound profile showed that the majority of size has been focused on the price range of $ 0.64 to $ 0.66, indicating a strong purchase and sale benefit at these levels (Source: TradingView, 9 February 2025, 12:00 pm UTC). The open interest of future XRP contracts has increased on the main stock exchanges such as Bitmex and Binance Futures by 5 % in the 24 hours before the closure of the trade, indicating an increase in the speculative interest (Source: Bitmex and Binance Futures, February 9, 2025, 12: 00 pm International time). The financing rate for permanent XRP bodies has remained 0.01 % positive, indicating the presence of upward feelings among merchants (Source: Binance Futures, February 9, 2025, 12:00 pm UTC). The scales on the series showed that the number of transactions per day on the Professor XRP book increased by 8 % in the 24 hours before the closure of the trade, indicating an increase in network activity (Source: XRPL measures, February 9, 2025, 12:00 PM UTC). The average transaction volume also increased by 5 %, indicating that the largest transactions have occurred (Source: XRPL measures, February 9, 2025, 12:00 pm UTC). These technical indicators and size data provide a comprehensive vision of market dynamics at the time of closing of trade, highlighting the effect of the liquidity doctor’s challenge on the price of XRP and trading activity.