EconomyXRP’s next rally could pressure a 115 million-token short
Leveraged funds more than doubled their CME XRP net short in a week to about 115.7 million tokens as open interest rose nearly 40%. XRP had meanwhile recovered about 32% from $1 to around $1.38. Dealers and asset managers added net longs, highlighting a sharp split in institutional positioning and leaving leveraged funds more exposed if the rebound continues.
XRP’s next rally could pressure a 115 million-token short
Economy