Binance Leads In $2 Million XRP Shorts Liquidation After This Announcement

President Trump confirmed an agreement with Iran on June 15. He authorized the opening of the Strait of Hormuz and the immediate removal of the U.S. naval blockade. The geopolitical shift sent shockwaves through financial markets, including crypto.

Bears Get Burned

Crypto analyst Diana (@InvestWithD) was quick to highlight what happened next. She posted data showing over $2 million in XRP short positions had been liquidated following the peace announcement.

The liquidation data she shared tells a clear story. In the 24 hours, total XRP liquidations reached $3,403,887. Short liquidations accounted for $2,070,666, or 60.83% of the total. Long liquidations emerged at $1,333,220, or 39.17%. The market liquidation status was labeled “Balanced,” but the short side took the heavier blow.

Binance Takes the Lead In Shorts Liquidation

The largest single liquidation hit $228,354. The peak liquidation hour was 1:00 to 2:00 AM on June 15, 2026. Over the prior 12 hours, short liquidations totaled $2.04 million against $987,970 in long liquidations. The 4-hour data showed $2.02 million in short liquidations versus $94,440 on the long side.

Binance led exchanges with $647,690 in long liquidations and $786,880 in short liquidations. Bybit followed with $504,200 long and $317,740 short. Hyperliquid recorded $609,330 in short liquidations against just $5,660 on the long.

Price volatility exceeded 4.86% on the day. 931 traders were liquidated worldwide. Current liquidation activity sits at 1.07x the 7-day average.

A Recovery Signal?

XRP struggled in early June as geopolitical tensions escalated. The U.S.-Iran conflict weighed on risk assets, and XRP was no exception. The peace announcement appears to have reversed that pressure. The volume of short liquidations following the news suggests the market moved sharply higher, forcing short sellers out of their positions at a loss.

Diana pointed to June 19 as a key date, posting: “Mark the date. June 19. PRICE WILL SKYROCKET.” The data she presented does point to recovery momentum.

When short liquidations dominate at this scale, it reflects a price rally that caught bearish traders offside. The live liquidation feed showed a steady stream of XRPUSDT positions being closed across multiple exchanges in the early morning hours.

What Comes Next?

The U.S.-Iran deal removes a major risk factor that had been pressuring markets. For XRP, the combination of a geopolitical catalyst, a wave of short liquidations, and Diana’s June 19 target gives traders a clear focal point heading into the coming week.

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