$XRP I have fully committed $200k in short positions!



XRPL developer Wietse Wind just issued an urgent warning: Fake desktop versions of the Xaman wallet and airdrop scams are surging, tricking users into connecting their wallets or installing malicious programs, directly stealing assets. Goldman Sachs liquidated all XRP ETFs, including Bitwise and Grayscale, amounting to about $154 million; previously, Goldman Sachs was the largest institutional holder of XRP ETFs. Both signals point to the bears.

1. Ecosystem security is flashing red, and off-market funds are hesitant to enter. The surge in scams has directly undermined community confidence, causing off-market funds to stay on the sidelines, and existing funds are accelerating risk aversion. Ripple CTO warned on May 13 that airdrop scam incidents had sharply increased; just two weeks later, vulnerabilities not only remained but worsened, indicating systemic issues in ecosystem security governance.

2. Institutional funds are systematically retreating. Goldman Sachs’ liquidation action signifies far more than just the book value—it’s a top Wall Street risk control sentinel. Their model judged XRP’s downside risk to far outweigh upside potential, prompting liquidation. Following top-tier institutions’ retreat is always the safest strategy.

3. Regulatory good news turns into bad news once realized; the market is at its breaking point. Although the CLARITY bill passed the Banking Committee with a 15:9 vote, severe partisan divisions make the full chamber vote unpredictable. Wolf submitted 40 amendments attempting to keep XRP outside the U.S. banking system. Meanwhile, the price struggles to break through the key resistance at 1.36, with heavy pressure in the 1.38-1.40 range. If support at 1.30-1.26 is broken, the short-term target drops straight to 1.20. Whale large-volume transactions have plummeted 57.3% over the past 9 days, with major funds collectively silent and waiting, all main players remaining on the sidelines.

Ecosystem security risks ignited, institutional funds fully liquidated, regulatory good news priced in early, and the bulls exhausted—these four bearish factors are pressing down hard on XRP. When the top risk sentinel issues a warning with $154 million in positions, I cannot ignore it. Fully lock in the $200k short position and wait for a breakdown to accelerate! #xrp #阿贵Btc
XRP-1.34%
View Original
post-image
post-image
[The user has shared his/her trading data. Go to the App to view more.]
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments