XRP Liquidation Heatmap Highlights $1.35 Short-Liq Wall

XRP liquidation heatmap from analyst “BankXRP” is drawing trader attention as XRP trades well below recent highs. Using Binance XRP/USDT perpetual futures data over the past week, the chart shows XRP falling from the mid-$1.30s to near $1.10. The key read-through is that a large concentration of short liquidations sits above the current price. BankXRP claims the market has about $2.17B in short liquidations stacked higher, with a specific focus on the $1.35 zone. Traders are watching the “untouched” liquidity wall around $1.35, described as one of the brightest areas on the liquidation map. The idea: if price rises into that region, clustered short positions could be forced to close, potentially triggering a squeeze and adding buying pressure. However, community reactions were mixed. Some commenters argued that liquidity above price does not guarantee an upside move—short sellers may close positions voluntarily. Others said market makers likely monitor these liquidity concentrations, but liquidation maps are not predictive tools; they indicate possible targets, not direction. For now, the XRP liquidation heatmap keeps $1.35 as the main reference level, with traders looking for signs that price can push toward that short-liq concentration this week.
Neutral
The article focuses on an XRP liquidation heatmap indicating large short-liquidation liquidity above the market, especially near $1.35. In similar setups, clustered short liquidations can fuel a short squeeze if price revisits the concentration zone, which is typically a bullish catalyst in the short term. However, this is not guaranteed. The heatmap reflects where forced closes may occur, not a confirmed path for price. Commenters noted that shorts can close voluntarily and that the $1.35 “reclaim” may not be a meaningful breakout trigger by itself. As XRP has been trending down toward ~$1.10, the path to $1.35 still depends on broader momentum, order-flow, and risk sentiment. So the expected impact is neutral overall: it provides a clear technical liquidity target for traders (potential short-term volatility around $1.35), but lacks certainty about direction. Long-term, unless the market transitions from sell pressure to sustained demand, a liquidity wall alone is unlikely to change the broader trend.