XRP Defies 851% Liquidation Imbalance With $2 Million Short Squeeze

A local attempt to short XRP on the one-hour timeframe triggered a wave of forced short-position closures. The asset not only held key support but also turned aggressive selling into fuel for a $2 million short squeeze, successfully neutralizing a critical imbalance in the derivatives market.

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Source: UToday

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Category Cryptocurrency

Source UToday

Published 2 weeks ago

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News ID #17,679

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