Markets· ★★★★· bullish·

XRP and NEAR Lead Altcoin Squeeze as Crypto Short Sellers Lose $666 Million in 24 Hours

  • —Bitcoin shorts lost $384.71 million as BTC rose 5.73% above $85,000
  • —Ethereum shorts liquidated for $157.97 million as ETH climbed to $2,710 (+5.80%)
  • —NEAR +11.51% to $4.06, XRP +7.99% to $1.47, ZEC +6.24% to $1,514.93
  • —Next short-squeeze zones: BTC at $86,385 and ETH at $2,757
Why it matters: The cascade signals a local capitulation of sellers and a momentum shift toward spot buyers.
#XRP#NEAR#BTC#ETH
Source: U.Today
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