For XRP; data from late 2023 to mid-2025 indicates a significant increase in short liquidations with values exceeding 40 million dollars by late 2024. These liquidations occur when traders betting against XRP are forced to close their positions due to rising prices. Such events typically trigger a brief squeeze where forced buybacks push the price higher. Despite a decrease in liquidation volumes compared to the peak, notable liquidations continue, indicating persistent short position squeezing activity and potential volatility. The correlation between short liquidations and price increases points to a bullish environment. The price maintaining levels above 2.30 shows continued support from buyers. Although the intensity of short position squeezes is decreasing, it has left an underlying bullish pressure from previous liquidations. #XRP