XRP hit $1.60 on $7.4 billion in volume, but the futures data does not show one broad short squeeze across venues.

Leveraged funds cut their CME net short by 46.3 million XRP in a week. Across three Coinbase products, the combined shift was just 2.45 million XRP less short.

https://cryptoslate.com/xrp-volume-explodes-to-7-4b-and-a-massive-cme-short-squeeze-is-blamed/

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