If XRP breaks through $3, the XRP short position worth $272.3 million will face liquidation
On December 17, Cointelegraph published an article on X stating that if XRP breaks through $3, short positions of XRP worth $272.3 million will face liquidation, potentially triggering a short squeeze.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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If Bitcoin falls below $86,000, the cumulative long liquidation intensity on major CEXs will reach $514 millions.