EconomyXRP volume surges to $7.4B as massive CME short squeeze is blamed
XRP reached an intraday high of $1.60 on Sept. 22 amid roughly $7.4 billion in reported volume. CFTC data showed leveraged funds cut their CME futures net short by 46.3 million XRP in the week through Sept. 15, far more than the 2.452 million XRP reduction across three Coinbase products. Because the positioning data predates the price move, it does not establish causation.
C
CryptoSlate★★☆☆☆2026-09-23 00:40Original
XRP volume surges to $7.4B as massive CME short squeeze is blamed
Economy