Web3
XRP and NEAR Lead Altcoin Squeeze as Crypto Short Sellers Lose $666 Million in 24 Hours
U.Today·September 21, 2026·1 min read
An altcoin breakout led by XRP and NEAR triggered $666 million in crypto short position liquidations over 24 hours. The squeeze forced bearish traders to cover, amplifying the rally. XRP and NEAR spearheaded the move, with other altcoins following, as short sellers faced significant losses amid the sudden upward pressure.
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