1. XRP: Short-Side Liquidation Looms
XRP’s seven-day liquidation heatmap reveals a significant imbalance between shorts and longs, with short positions (green bars, right) far outweighing longs (red bars, left). This indicates market sentiment is skewed toward further price declines at the start of August.
XRP has been under pressure for two consecutive weeks, dropping over 19% from $3.60 to $2.90. Many short-term traders anticipate the downtrend will continue. However, if XRP rebounds toward $3.10, more than $400 million in shorts could be forcibly liquidated.
XRP Exchange Liquidations Map. Source: Coinglass .From July’s peak to early August’s low, XRP has shed 25% of its value. Historically, such steep declines are often followed by significant relief rallies. Analysts warn of potential short-squeeze liquidations if prices recover sharply.
“XRP is now in a phase of liquidating shorts after high-leverage longs were wiped out. If XRP jumps to $3.06, a massive short liquidation is expected,” says analyst CW.
2. TRUMP: Meme Coin With High Liquidation Risk
TRUMP, a meme coin, is also seeing a pronounced short-side liquidation risk. Despite persistent downward pressure, the token has consolidated for months around the crucial $8.30 support. Should TRUMP rally to $9.60 this week, up to $50 million in short positions may be liquidated.
TRUMP Liquidation Risk Map. Source: Coinglass .Recent news has added momentum: SunPump (a TRON-based meme coin platform) listed TRUMP, increasing liquidity. Justin Sun’s public commitment to invest $100 million in the token has further fueled speculation. Such developments put short traders at risk if the token rebounds.
3. Conflux (CFX): Surprising Strength and Squeeze Setup
Conflux (CFX) surprised investors last month by quadrupling in price and pushing its market cap over $1 billion. The liquidation map shows a strong bias toward short positions. If CFX rises to $0.237, approximately $25 million in shorts could be liquidated.
CFX Liquidation Levels. Source: Coinglass .On August 1, Conflux rolled out the major v3.0.0 upgrade, introducing eight new CIPs aimed at EVM compatibility, bug fixes, and network optimization—earning positive feedback from the community. Google Trends data shows a surge in search interest for “Conflux Network,” suggesting rising investor attention.
“This major upgrade brings 8 new CIPs to improve EVM compatibility, fix bugs, and optimize network performance!” announced Conflux Network.
With renewed technical momentum and increased public interest, leveraged short sellers may find themselves vulnerable to a squeeze if the rally continues.
Outlook: High Volatility, High Stakes
In summary, XRP, TRUMP, and CFX are all showing strong signals of liquidation risk as derivatives markets react to post-rally turbulence. Traders are advised to monitor liquidation maps and sentiment shifts closely—large squeezes remain a risk when positioning becomes one-sided.