XRP Hits $1.60 Amid $7.4B Volume Surge as Leveraged Funds Cut CME Shorts
XRP reached an intraday high of $1.60 on September 22 with trading volume nearing $7.4 billion, suggesting a potential short squeeze. CFTC data for the week ending September 15 indicates that leveraged funds reduced their net short positions on the CME.
Summaries are written by AI from the original article. Not investment advice.