Prominent traders have opened short trades on #XRP with substantially large volumes, as some expect the altcoin to record a pullback from here.
XRP has been on a remarkable rally, surging 283% in November and closing above $1.95. Interestingly, the momentum carried into December, with prices climbing 40% in just three days to trade above $2.70.
XRP’s explosive growth has seen it overtake Binance Coin (BNB), Solana (SOL), and USDT to become the third-largest cryptocurrency by market cap. However, the market is split on what comes next.
