Crypto short squeeze

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A heavy short interest does happen suddenly with price rising.

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calendar_month 07.06.2023

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calendar_month 08.06.2023

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calendar_month 12.06.2023

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calendar_month 14.06.2023

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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.

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