Based on Crypto.News, Ethereum, Solana, and XRP were among the top performers following the largest crypto liquidation event to date. Experts attributed Ethereum's recovery to strong fundamentals and staking activity, while Solana's rebound was linked to institutional interest and high economic activity. XRP's rebound was driven by ETF inflows following its legal settlement with the SEC. Analysts noted that the crash wiped out overleveraged positions but also revealed liquidity risks due to auto-deleveraging mechanisms on exchanges.
Ethereum, Solana, XRP Lead Market Recovery After Major Liquidation Event
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