Ethereum’s rally intensifies as $6B in short positions near liquidation, stoking volatility across crypto markets. Traders eye the $3,000 mark as leverage unwinds and exchanges brace for rapid price discovery.
XRP futures at CME hit a record open interest as institutional participation surges, boosting liquidity and momentum. Traders now eye a potential move toward $3.70 amid heightened market confidence.
Ripple bears face a critical threshold: a swift move to $3 could ignite cascading liquidations across leveraged XRP positions. We examine open interest, liquidity gaps, and the potential spillover to broader crypto markets.