XRP Liquidations Accelerate After $1.50 Breakout: Short Squeeze Unfolds

XRP has reclaimed the $1.50 level as market activity accelerates and bullish momentum begins to build after weeks of consolidation. The move higher suggests that buyers are regaining control, with traders closely watching whether XRP can sustain this breakout and establish a stronger uptrend. Related Reading: Ethereum Whales Step In: $33M ETH Withdrawn From Exchanges In Hours Beyond price action, derivatives data is revealing a notable shift in market behavior. According to a recent CryptoQuant report, multiple indicators are now signaling activity levels not seen in weeks, pointing to a renewed wave of participation across XRP markets. In particular, the Multi-Exchange Open Interest Delta is showing clear signs of expansion. This metric tracks the net change in total open contracts across major derivatives platforms over a given period, offering insight into how traders are positioning. A positive Open Interest Delta indicates that new positions are being opened, reflecting growing pa