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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.

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