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XRP shorts face $9.46M risk as US Senate vote on CLARITY Act nears, potentially triggering a major short squeeze.

Market News
14 Sep 2026
UToday
View Source
Bullish
XRP shorts face $9.46M risk as US Senate vote on CLARITY Act nears, potentially triggering a major short squeeze.

The upcoming US Senate vote on the CLARITY Act, which aims to clarify regulatory authority over cryptocurrencies, threatens a $9.46 million short squeeze in XRP if the price rises just 5% to $1.4644. Currently trading around $1.40, XRP is near a technical breakout point that could trigger forced liquidations of bearish positions. The bill's passage could push XRP's price to $1.60, while failure may drop it back to $1.31-$1.35. This event coincides with a Federal Reserve interest rate meeting, promising high market volatility.

As of Sep 14, 2026 19:14 WIB, XRP trades at Rp24,675 on Pluang, showing a 4.27% gain in the last day. The market cap stands at Rp1.557,27 trillion with a 24-hour trading volume of Rp39,77 trillion. Buy orders dominate at 63%, while typical hold time is 71 days, highlighting active investor interest ahead of potential regulatory changes.

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