Experts Say Why No Other Asset Than XRP Experiences 45X Glitches

The XRP price anomaly on Kraken continues to spark discussions in the community.

It raises questions about why such extreme glitches occur almost exclusively with XRP.

On November 19, around 04:15 UTC, XRP briefly printed a candle as high as $91.60 on Kraken, representing roughly a 45x spike from its true market range near $2.16.

The glitch lasted only seconds before the price returned to normal levels. Yet the moment was enough to ignite new discussion across the XRP community.

Community Figures Question Why XRP Experiences All the Extreme Glitches

In a tweet, Rob Cunningham from KUWL.show questioned why these kinds of price distortions never seem to happen to other major digital assets. His post drew attention from long-time observers who have followed XRPs unusual history of extreme wicks.

Community member Arthur pointed out that in all his years watching the market, hes “never seen a glitch on another crypto,” at least not the extreme 20x–45x wicks that keep happening with XRP.

Another user, X Finance Bull, added that these spikes “always seem to pick XRP.”

These reactions tie into a long-running belief within the XRP community that such glitches arent random, but signs of deeper liquidity gaps waiting to be filled. While this idea is speculative, it resurfaces whenever a major XRP price anomaly occurs.

Community reactions

Why These Glitches Happen: Thin Liquidity and Distorted Order Calculations

Technical explanations for XRPs price glitches are consistent. A recent analysis by an ICP ecosystem builder showed how exchanges sometimes calculate cost averages when only a fragment of an order fills at an extreme price.

Because XRP is divisible into very small units called drops, a tiny purchase at an outrageously high value can produce a distorted price print — even when the rest of the order executes normally.

For example, buying a single drop at $0.01 instead of its micro-value near $0.0000022 can register as if a full XRP was bought for $10,000. The overall order price doesnt really change, but the incorrect price briefly appears on the chart.

When this happens during low-liquidity periods or thin order books, exchanges can show sudden spikes or dips, even though traders‘ actual holdings aren’t affected.

Long History of XRP Price Anomalies

While the Kraken wick is the most recent example, XRP has one of the longest lists of confirmed pricing anomalies among large-cap crypto assets:

• Krakens earlier $91.62 wick recorded minutes after a crash to $0.00272
• Binance displayed XRP at $5,791 in October 2023
• Gemini showed XRP at $50 after relisting in 2023
• A Coinbase display issue in 2019 showing $7,308
• CoinMarketCap briefly showed XRP at $161 million in 2023
• Bitrues derivative market printing $0.0001 in 2023
• Poloniex momentarily dropped XRP to zero in 2023

Users, charts, or platform statements have verified these cases. Meanwhile, none of them reflected actual order fills. This history fuels the community belief that “no other crypto sees glitches like XRP.”

While the technical cause is easy to explain, people still wonder why XRP is the only major coin that repeatedly exhibits these extreme anomalies.