XRP Faces Most Aggressive Short Positions in Crypto — Only 4% in Longs as Traders Bet Against
XRP traders are piling into short positions at a staggering rate, with a near-unanimous bearish tilt that's turning heads across crypto markets.
The Short-Side Stampede
Data reveals a lopsided battlefield: a mere 4% of positions are betting on XRP's rise. The rest? They're all-in on the drop. This isn't just skepticism—it's a coordinated bet against one of crypto's most recognizable assets, creating what analysts call one of the most aggressive short squeezes waiting to happen.
A Contrarian's Dream or Nightmare?
Extreme positioning often precedes violent reversals. When everyone leans one way, even a slight nudge in the opposite direction can trigger a cascade of liquidations. For bulls, these numbers paint a target—a potential rocket fuel if sentiment flips. For the shorts, it's a high-wire act with the entire market watching the wire.
Market mechanics don't care about popularity contests, and sometimes the smartest trade feels like standing in front of a consensus—or, in Wall Street terms, buying when the 'smart money' narrative gets a little too smug and self-assured.
Recent data from Coinglass reveals that traders are piling into short positions on XRP at a far more aggressive pace than any other major asset. Despite this pressure, the asset has held surprisingly firm, posting gains over the past day.
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