3 Altcoins Facing Liquidation Risk in the Third Week of February

The crypto market entered the third week of February with recoveries across several altcoins, but negative sentiment remains, leaving optimistic traders exposed to potential liquidations. XRP, DOGE and TAO are drawing attention this week because of distinct developments and attendant risks.

XRP’s liquidation map shows cumulative Long liquidations slightly exceed Shorts; a drop to $1.30 could push Long liquidations above $200 million, while a rise above $1.63 could trigger about $150 million in Short liquidations. XRP briefly reached $1.66 before slipping below $1.50, and data indicate roughly 50 million XRP were net sold on Upbit within 15 hours, creating selling pressure ahead of Lunar New Year liquidity concerns.

Given XRP’s large share of volume on Upbit and Bithumb, continued selling from Asian investors could put Long positions at risk this week.

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