The giant whale that shorted XRP with 20 times leverage has lost more than US$4.6 million."
Crypto 7x24
2025-03-03 02:12:46
1.10W
According to online reports, according to Lookonchain monitoring, after the news that Trump would advance crypto strategic reserves including XRP, SOL and ADA was announced, a whale hurriedly closed its short position in XRP and added 8 million USDC margin to avoid Forced liquidation. The whale shorted XRP with a leverage of 20 times, resulting in a floating loss of more than US$4.6 million.
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