Breaking news 🚨🚨🚨Amid the ongoing market volatility, XRP's short sellers seem to be in trouble as market sentiment points toward a reversal. On-chain metrics suggest that the bulls are back in action, strongly supporting XRP, the native token of Ripple Labs. Data from the on-chain analytics firm Coinglass revealed that short sellers are poised to lose over $57.80 million worth of XRP. According to on-chain metrics, short sellers are heavily over-leveraged at the $3.25 level, where they have $57.80 million worth of open positions.