Whale 20x Short Attack on XRP: 2.73 Million Coins Large Order Entering, Is It Profit or Ambush?

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【Blockchain Rhythm】On the afternoon of January 22, on-chain monitoring data showed that a large holder made a significant move on XRP—20x leveraged short position, entering with 2.735 million XRP at an average entry price of $1.95.

This order is currently slightly in profit, but the overall account still incurred a loss, with an unrealized loss of $182,000. According to the data, this whale is not rushing to cut losses but is instead waiting for the development of subsequent market trends.

Such large leveraged shorts usually imply a few possibilities: either a clear short-term bearish outlook or a test of a certain support level. XRP’s recent volatile movements mean this order will inevitably attract market attention. How the subsequent market develops, we will continue to observe.

XRP-1.88%
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fren_with_benefitsvip
· 01-24 05:33
Whales are betting on XRP to fall, going all-in with 20x leverage short positions... Either they're smart or they're crazy. We can only wait and watch the show.
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StablecoinArbitrageurvip
· 01-22 17:59
$182k underwater on a 20x short... ngl, either this whale knows something or they're about to learn a very expensive lesson about correlation coefficients during bull runs.
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GateUser-5854de8bvip
· 01-22 08:33
This whale is really bold, with 2.73 million XRP at 20x leverage. Is this a temper tantrum or is there some insider information?
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ContractSurrendervip
· 01-22 08:31
2.73 million shorts were directly dumped, this guy's guts are really big... but losing 180,000 and still holding on, is this faith or stubbornness?
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RektHuntervip
· 01-22 08:30
Playing with 20x leverage in short positions so aggressively, whales are really ruthless. Dropped 2.73 million XRP directly. Is this betting on the right market trend or just courting death?
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NestedFoxvip
· 01-22 08:30
2.73 million tokens? This whale's gambling spirit is really strong. Playing short with 20x leverage and still floating with an 180,000 loss. It's quite interesting to see such patience.
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ContractExplorervip
· 01-22 08:20
20x short position on 2.73 million tokens, this whale either really bearish or is betting on whether the support level can hold, exciting.
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