Markets· ★★★· bearish·

XRP Shorts Cross $2B as Smart Money Sentiment Flips 'Extremely Bearish'

  • XRP 24-hour taker volume: shorts $2.18B (50.67%) vs longs $2.12B
  • Smart money on Binance and Bybit rates XRP 'extremely bearish'; OKX reads 'extremely bullish'
  • 24-hour liquidations: $9.46M total, $7.98M from shorts and $1.48M from longs
  • XRP up 18.5% from its Sept. 16 low of $1.25 to $1.482
Why it matters: Rising short volume into a price recovery sets up a potential short squeeze: holding above $1.48 could open the way to $1.60–1.65.
Source: The Crypto Basic