As Wall Street celebrates the weakest core CPI since 2021, the XRP derivatives market has experienced a short squeeze imbalance of up to 1122%. In the past hour, over $76,450 worth of XRP was liquidated, with shorts liquidating $70,180 and longs only $6,270. This extreme asymmetry is driven by cooling inflation concerns and sudden price surges, highlighting XRP's role as a liquidity volatility indicator amid large-cap fluctuations like Bitcoin and Ethereum.
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As Wall Street celebrates the weakest core CPI since 2021, the XRP derivatives market has experienced a short squeeze imbalance of up to 1122%. In the past hour, over $76,450 worth of XRP was liquidated, with shorts liquidating $70,180 and longs only $6,270. This extreme asymmetry is driven by cooling inflation concerns and sudden price surges, highlighting XRP's role as a liquidity volatility indicator amid large-cap fluctuations like Bitcoin and Ethereum.