XRP Faces $617M Short Squeeze Trigger Between $1.30 and $1.31
- —Three clusters hold $229.74M, $205.88M and $182.09M in short leverage
- —The range spans just 0.4% and sits about 1% above the current price
- —Another $1.671 billion in shorts sits higher, between $1.34608 and $1.3652
- —Resistance at $1.35–$1.42 could cap gains if a squeeze unfolds
Why it matters: A break above $1.31 could accelerate XRP's rally via forced short covering, though heatmap figures are estimates, not confirmed outcomes.
Source: The Crypto Basic