Cryptocurrency markets often appear calm until a sudden burst of volatility forces traders to react in real time. When leveraged positions dominate derivatives markets, even a modest price move can trigger a powerful chain reaction. XRP recently demonstrated this dynamic after a sudden upward move caught bearish traders off guard and forced a wave of liquidations across the market. The latest development has renewed attention on XRP’s short-term trajectory, particularly among traders who closely track derivatives data and liquidation levels. As volatility returns, analysts now warn that the recent move could represent only the first phase of a larger squeeze if price approaches key levels where leveraged short positions remain heavily concentrated. Crypto analyst Xaif recently drew attention to the development in a post on X, highlighting the scale of short liquidations triggered during the latest price movement. According to his analysis, XRP experienced a notable short squeeze on March 13, 2026, which liquidated approximately $2.4 million in bearish positions within 24 hours. Short traders accounted for roughly 60.32% of all XRP liquidations during that window, showing that the majority of forced closures came from traders betting against the asset. The squeeze unfolded as XRP climbed about 3%, rising from roughly $1.37 to around $1.41. This upward move also allowed XRP to break above the $1.39 resistance level that had previously limited several attempts at recovery earlier in the year. XRP just REKKT the shorts $2,396,289 in $XRP short positions LIQUIDATED in the last 24 hours 60.32% of ALL XRP liquidations were SHORT This is what happens when you short a sleeping giant If XRP pumps to $1.47 → another big short cascade begins https://t.co/8N3cccBYlQ pic.twitter.com/ruBND7G9NK — Xaif Crypto | (@Xaif_Crypto) March 13, 2026 The Mechanics of Short Liquidations Short squeezes occur when traders who bet on price declines face mounting losses as an asset rises. In highly leveraged crypto derivatives markets, exchanges automatically close those positions once they reach predetermined liquidation thresholds. When multiple short positions close simultaneously, the forced buying required to exit those trades pushes the price even higher. This process can quickly cascade through the market, triggering additional liquidations and accelerating the rally. The recent XRP move illustrates how quickly sentiment can shift when a heavily shorted asset begins to climb. We are on X, follow us to connect with us :- @TimesTabloid1 — TimesTabloid (@TimesTabloid1) June 15, 2025 Why the $1.47 Level Matters Xaif also pointed to liquidation data from the derivatives analytics platform Coinglass, which reveals a large concentration of short liquidation levels above $1.47. The heatmap suggests that many leveraged short positions sit around that price region. If XRP rises to that level, those short positions might get liquidated, potentially triggering another cascade similar to the recent squeeze. In such scenarios, each liquidation can add buying pressure that drives the price further upward. Traders Watch for the Next Trigger XRP remains one of the most actively traded digital assets across global exchanges, and its derivatives market often amplifies price movements during volatile periods. The recent squeeze has already removed millions of dollars in bearish positions, but large clusters of leverage remain in the market. If XRP maintains momentum and approaches the $1.47 threshold, the next wave of liquidations could intensify bullish pressure. For now, traders continue to watch the market closely as XRP tests whether the recent move marks the beginning of a larger breakout. 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 urged to do in-depth 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 Twitter , Facebook , Telegram , and Google News The post Analyst: If XRP Pumps to This Price, Another Big Short Cascade Will Begin appeared first on Times Tabloid .
