XRP Seeing Hidden Coiled Spring as Heavy Shorting Meets Growing Accumulation

12-Jun-2026 The Crypto Basic

XRP Seeing Hidden Coiled Spring as Heavy Shorting Meets Growing Accumulation

XRP trades within a hidden coiled spring, with the market witnessing an influx of short positions amid growing spot accumulation. XRP has dropped nearly 14% this month due to the recent broader selloff led by Bitcoin.

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