The giant whale shorting XRP with 20 times leverage has lost more than 4.60 million dollars
2025-03-02 16:31:16
According to Lookonchain monitoring, after the announcement that Trump will advance the crypto strategic reserve including XRP, SOL and ADA, a whale hastily positioned squaring its XRP short position and added 8 million USDC margin to avoid forced position squaring. The whale shorted XRP with 20x leverage and lost more than $4.60 million.
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