XRP Bulls Eye a Reversal as Bitfinex Short Positions Explode 652%

Bitfinex short positions surged 652.89% to 468.2 million amid weakening price momentum. Exchange outflows reached 13.24 million tokens, while whales accumulated nearly 60 million. Binance scarcity reached a four-year high, raising potential short squeeze risks. Ripple's XRP is under pressure as the broader crypto market struggles to recover. However, rising bearish bets could create an unexpected opportunity for buyers. Bitfinex XRP s…