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XRP Hits $1.60 as $7.4B Volume Explodes, CME Leveraged Funds Cut 46.3 Million Shorts
CoinGape·September 23, 2026·1 min read
XRP hit an intraday high of $1.60 on September 22 with reported volume near $7.4 billion, looking like a short squeeze. CFTC data for the week ended September 15 shows leveraged funds cutting their CME net short position by 46.3 million XRP.
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