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-2,13%
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StablecoinArbitrageurvip
· 3h ago
$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
· 12h ago
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
· 12h ago
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
· 12h ago
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
· 12h ago
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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rugpull_survivorvip
· 12h ago
20x short 2.73 million XRP, this guy really dares to do it. Losing 180,000 and still not cutting losses? I bet he's either a genius or a big fool, no middle ground.
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ContractExplorervip
· 12h ago
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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