XRP Futures Show 96% Short Positions, But Price Rises Amid ETF Inflows

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As per The Crypto Basic, recent data from Coinglass shows XRP has the most aggressive short positions among major cryptocurrencies, with 96% of total futures positions in shorts and only 4% in longs. Despite this, XRP's price has risen 1.79% in the past 24 hours, supported by $897 million in inflows from XRP spot ETFs over 15 consecutive days. Analysts suggest the heavy shorting could lead to a squeeze if longs start to gain traction.

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