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XRP volume explodes to $7.4B, and a massive CME short squeeze is blamed

XRP trading volume surged to $7.4 billion following a significant short squeeze by CME leveraged funds, which reduced their net short exposure by 46.3 million XRP. Three Coinbase products saw minimal movement. For more details, see the original report on CryptoSlate.

XRP volume explodes to $7.4B, and a massive CME short squeeze is blamed
Image: CryptoSlate

XRP trading volume surged to $7.4 billion following a significant short squeeze by CME leveraged funds, which reduced their net short exposure by 46.3 million XRP. Three Coinbase products saw minimal movement. For more details, see the original report on CryptoSlate.

Sources

  • CryptoSlate — XRP volume explodes to $7.4B, and a massive CME short squeeze is blamed

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