Roughly $404 million in leveraged crypto positions were liquidated over the past 24 hours, with losses concentrated heavily on traders betting against the market as Bitcoin (BTC) and Ethereum (ETH) held a mild upward bias. Aggregated ticker-level data showed long liquidations of about $112.6 million versus short liquidations of approximately $291.7 million—meaning close to 72% of forced closures came from the short side.
Ripple's June 2026 strategic investment in Flutterwave marks a definitive shift in how the company positions its RLUSD stablecoin. The partnership, which values Flutterwave at $3.2 billion, embeds RLUSD directly into the payment rails of Africa's largest payments infrastructure company. This is not a retail listing strategy.