XRP Eyes $2 on Bollinger Squeeze as Bitcoin Short Liquidations Hit 500% Imbalance Near $71,000 and 494 Billion SHIB Move to Cumberland DRW

XRP is consolidating under key resistance, with Bollinger Bands and the 200-day moving average aligning around the $2 level as traders watch for a breakout. Bitcoin has surged toward $71,000 on a sharp short squeeze that created a 500% liquidation imbalance, while 494 billion Shiba Inu tokens worth about $2.7 million shifted from Singapore exchange Coinhako to market maker Cumberland DRW. These moves come as major players position ahead of the March 19 CPI data and Federal Reserve meeting.