Web3
Leveraged Funds Double XRP (XRP) Net Shorts to 115.7M Tokens on CME
COINOTAG·August 31, 2026·1 min read
CME XRP open interest jumped 39.6% as leveraged funds doubled net shorts to 115.7 million tokens, setting up a short-squeeze risk if XRP reclaims $1.40. The positioning shift signals bearish sentiment among institutional traders, but could trigger rapid price rallies.
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