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A heavy short interest does happen suddenly with price rising.
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In NovemberCoinDesk was acquired by Bullish group, owner usecookiesand not sell my personal information.
A heavy short interest does happen suddenly with price rising.
Therefore, this event led to a dominating bearish sentiment, encouraging traders to bet against XRP. Related Articles. Closing thoughts Summing up, a short squeeze happens when short sellers get trapped and are forced to cover their positions, leading to a sharp price increase. GameStop Short Squeeze.