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Base XRP loan liquidations leave $53M exposed as risk appetite weakens

CryptoSlate reports 883 liquidations tied to XRP loans on Base, with $53 million still exposed and broader crypto markets under pressure.

CryptoSlate reports 883 liquidations tied to XRP loans on Base, with $53 million still exposed and broader crypto markets under pressure. XRP (XRP) is trading at $1.01, down 1.1% since this brief published. This is an original TLT brief based on reporting by CryptoSlate, with live market data added, as of Fri, 13 Nov 2026 23:45:04 UTC.

Why it matters

The liquidations show how leveraged XRP positions can be unwound during a market decline, while the remaining $53 million at risk and extreme fear sentiment indicate that stress may not have fully cleared.

Key takeaways
  • CryptoSlate reports 883 XRP-related liquidations on Base
  • Borrowers surrendered 4.18 million cbXRP on Base
  • About $53 million remains at risk
  • XRP fell 13.77% over seven days
The story so far · 2 briefs
  1. Bitcoin ETFs post substantial weekly outflows as risk appetite weakens
  2. Base XRP loan liquidations leave $53M exposed as risk appetite weakens — this brief

CryptoSlate reports that leveraged XRP positions generated 883 liquidations, with borrowers surrendering 4.18 million cbXRP on the Base network. The report says approximately $53 million remains at risk. The liquidations occurred against a backdrop of falling digital-asset prices and weak investor sentiment.

The source does not establish that the collateral surrender directly caused native XRP selling. That distinction matters because cbXRP was returned to liquidators on Base, while evidence connecting the liquidations to sales of XRP on other venues remains unproven. The broader market context nevertheless points to substantial pressure on leveraged positions: XRP was trading at $1.018, down 1.61% over 24 hours and 13.77% over seven days.

Base itself is not showing an immediate growth response to the events. DeFiLlama data put total value locked across the network at $2.76 billion, down 4.1% over seven days. That contraction coincides with the wider risk-off move, including a 3.70% daily decline for Bitcoin and a total crypto market capitalization of $2.38 trillion.

The Crypto Fear and Greed Index stood at 20, categorized as Extreme Fear. What to watch is whether the remaining exposed XRP positions face further collateral pressure as sentiment stays weak; the available reporting does not establish a direct link between Base liquidations and native XRP market sales or quantify how much of the $53 million could be affected next.

Market reaction since this brief Live

Since this brief published about 3 hours ago, XRP (XRP) has moved from $1.02 to $1.01 — -1.08%.

$1.01$1.01$1.01$1.02$1.02 published · $1.02 now · $1.01 (-1.08%) Nov 13 20:50 UTC Nov 13 23:45 UTC
BeforeSince publishPublished · $1.02

The chart plots XRP's price: grey is the move before this brief published, the vertical dashed line marks the moment it published, the horizontal dashed line is the price then, and the coloured area is the move since — from TLT's market data (daily resolution). It shows what happened after the news, not that the news caused it; many factors move prices. Not financial advice.

What this means in naira

At today's peer-to-peer rate, 1 XRP ≈ ₦1,418.61 (about $1.01), down 3.0% over 24 hours. The naira itself trades about 4.3% above the official rate on the P2P market, so a Nigerian buyer's effective cost differs from the headline dollar price.

Live market data

Current prices for the asset in this story — live, source-stamped, updated every 15 minutes.

XRP
#6
$1.01 ▼ 2.97%
-1.08% since this brief published
7d -14.37%MCap $63.99BFull XRP data →
The market when this published · November 13, 2026
Total market cap$2.38T
Bitcoin 24h-3.70%
Ethereum 24h-3.59%
BTC dominance58.0%
Fear & Greed20 · Extreme Fear
On-chain & primary-source check

Figures and sectors in this story, checked live against on-chain aggregators · November 13, 2026.

Base TVL$2.74B-5.2% 7dDeFiLlama ↗
SectorDeFi lending$46.39Bacross 58 protocolsDeFiLlama ↗
Base DeFi TVL$5.45BDeFiLlama ↗
Bitcoin DeFi TVL$3.60BDeFiLlama ↗

TLT reads these figures directly from on-chain aggregators (DeFiLlama, mempool.space) at build time — independent of what any outlet reported. Sector totals aggregate every protocol DeFiLlama tracks in that category. Values are live and will change.

Base XRP loan liquidations leave $53M exposed as risk appeti — questions & answers

How many XRP-related liquidations occurred on Base?

CryptoSlate reports 883 liquidations connected to XRP loans on Base.

How much collateral was surrendered in the liquidations?

Borrowers surrendered 4.18 million cbXRP, according to CryptoSlate.

Did the liquidations directly trigger native XRP selling?

The available reporting does not prove that connection. It says a direct native XRP selling link remains unproven.

How much is 1 XRP worth in naira today?

About ₦1,418.61 at the live peer-to-peer (P2P) USDT rate, which is what Nigerians typically trade at — equivalent to roughly $1.01. The naira price moves with both XRP's US-dollar price and the USDT/NGN rate; use our XRP in naira page for any amount.

Has XRP's price moved since this brief was published?

XRP is down 1.08% since this brief first published — trading at $1.01 now versus $1.02 at publication. TLT re-checks this figure against CoinGecko and Binance every 15 minutes.

Which outlets reported this story?

This is an original TLT brief that synthesises reporting from CryptoSlate. It is not a copy of any one article — follow the source links above for the original reporting.

TLT Newsdesk Data-stamped

TLT's newsdesk writes original briefs by synthesising coverage from across the crypto press — 50+ outlets including CoinDesk, The Block, Decrypt and Cointelegraph — cross-checking the figures they report — and verifying them against on-chain data from DeFiLlama and mempool.space — plus live market context (CoinGecko, Binance). We summarise and link to every source; we never reproduce full articles. Read our editorial standards and how we use AI. Not financial advice.

Market data verified against CoinGecko & Binance · November 13, 2026 ⛓ Timestamped at Bitcoin block #975,713 sha256:738e3b9b2c273e38
Based on reporting by CryptoSlate — this is an original TLT summary with live market data, not the original article.CryptoSlate · Nov 13 20:50 ↗

Original summary — not financial advice. This is an original TLT brief that summarises a development reported elsewhere and adds live market data for context; it is not the original article and reproduces no part of it. Follow the source link above for full details. Crypto is volatile and high-risk — always do your own research.