XRP Futures Show a Notable Divergence $XRP touched $1.60 on September 22, with reported 24-hour trading volume approaching $7.4 billion. CFTC data shows leveraged funds reduced their CME net short position by 46.3 million XRP between September 8 and September 15. Meanwhile, across three Coinbase derivatives products, the same group cut net shorts by only 2.452 million $XRP , leaving roughly 141.6 million XRP in combined Coinbase net shorts. Importantly, this data predates the latest rally, so it does not prove a direct connection. #BTC Price Analysis# #Macro Insights#