Short Sellers Target Cardano ($ADA) and $XRP as Crypto Market Looks for Rebound

Short sellers have been increasing their bets against both Cardano ($ADA) and the native token of the XRP Ledger ($XRP) in a potential positive development for poatenti long-term investors as liquidated shorts can help propel these cryptocurrencies’ prices. That’s according to on-chain analytics firm Santiment, which noted in a post on the microblogging platform X

Source: CryptoGlobe