Cardano (ADA) and Ripple (XRP) Face Heavy Shorting as Prices Hint at Rebound

The cryptocurrency market is witnessing notable activity with Cardano (ADA) and Ripple’s XRP being heavily shorted by investors following brief relief bounces. This trend occurs alongside subtle indications of a price rebound. Noteworthy, the on-chain analytics firm, Santiment, reports a spike in shorting activities for both altcoins, reflecting an interesting market sentiment. Cardano and XRP,

Source: CoinOtag