Crypto Currency Tracker logo Crypto Currency Tracker logo
TimesTabloid 2026-08-29 20:00:24

Shorts Are Dominating XRP Positioning Right Now. Here’s What Happened

Crypto pundit BankXRP (@BankXRP) posted an alert on XRP positioning that is worth paying attention to right now. The Federal Reserve just hit risk assets hard. XRP dropped to $1.36 following Fed Chair Kevin Warsh’s Jackson Hole address on Aug 28. BankXRP’s assessment cuts to what that selloff means for positioning. He wrote, “Shorts are dominating XRP positioning right now. Bearish sentiment is building fast, but crowded shorts can become fuel for a sharp squeeze.” Warsh Moves the Market Warsh told the Jackson Hole symposium that inflation remains too high. PCE inflation sits at 3.7% over the past year and 4.1% annualized over the past six months, both above the Fed’s 2% target. He told attendees the Fed needs to see clear and sufficient progress toward its 2% objective before it can ease up, and that more work remains until that threshold is met. He also announced the Fed would stop providing forward guidance on rate decisions. September rate-hike odds jumped from 35% to approximately 60% immediately after the speech. Bitcoin fell below $77,000. XRP dropped from $1.42 to $1.36 on the same day, wiping out more of the profits from the recent price rally . Shorts are dominating XRP positioning right now Bearish sentiment is building fast but crowded shorts can become fuel for a sharp squeeze. https://t.co/3Li3O9WaUp pic.twitter.com/Kcv9MvUk0L — 𝗕𝗮𝗻𝗸XRP (@BankXRP) August 28, 2026 The Positioning Recent data from Hyperliquid shows nearly all top XRP traders currently hold short positions . The chart BankXRP highlighted tells a clear story. It shows 760 active positions with a total notional value of $134.82 million. The largest positions by notional value are short, most opened between $1.22 and $1.53 at 20x leverage. Several are sitting on six-figure unrealized gains. Others are absorbing significant losses. The concentration of shorts in that tight entry range is the critical detail. At 20x leverage, a sustained move higher forces liquidations fast. How a Squeeze Develops From Here BankXRP’s core argument is mechanical. A large concentration of leveraged shorts clustered at similar entry prices creates a vulnerable position. If XRP recovers with enough momentum , those shorts face mounting losses at the same time. A squeeze becomes inevitable there. We are on X, follow us to connect with us :- @TimesTabloid1 — TimesTabloid (@TimesTabloid1) June 15, 2025 Liquidations trigger automatic buy orders. That buying pushes the price higher. Additional shorts get liquidated. The process accelerates. The Warsh-driven selloff compressed XRP’s price further. That puts the current price closer to the entry levels of profitable short positions. BankXRP sees that dynamic as potential fuel for a sharp squeeze and a recovery. XRP rallied over 50% in under three days before the pullback. The shorts that survived that rally held their positions through the Warsh selloff with conviction. The more crowded the short side becomes, the more explosive the reversal can be if the price turns. Disclaimer : This content is meant to inform and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s opinion. Readers are advised to conduct thorough research before making any investment decisions. Any action taken by the reader is strictly at their own risk. Times Tabloid is not responsible for any financial losses. Follow us on X , Facebook , Telegram , and Google News The post Shorts Are Dominating XRP Positioning Right Now. Here’s What Happened appeared first on Times Tabloid .

Read the Disclaimer : All content provided herein our website, hyperlinked sites, associated applications, forums, blogs, social media accounts and other platforms (“Site”) is for your general information only, procured from third party sources. We make no warranties of any kind in relation to our content, including but not limited to accuracy and updatedness. No part of the content that we provide constitutes financial advice, legal advice or any other form of advice meant for your specific reliance for any purpose. Any use or reliance on our content is solely at your own risk and discretion. You should conduct your own research, review, analyse and verify our content before relying on them. Trading is a highly risky activity that can lead to major losses, please therefore consult your financial advisor before making any decision. No content on our Site is meant to be a solicitation or offer.