XRP spot volume surged to approximately $1.36 billion in 24 hours this weekend. Price climbed roughly 7% to reclaim the $1.41 mark. According to CoinGlass, XRP spot volume printed $1.36B, while total tracked turnover on CoinMarketCap approached $4.9B, up roughly 90% in a day. The rally was not a clean breakout. It was a squeeze. Reports state that XRP wiped roughly $8.05 million in short positions.