A whale/institution is making waves in the crypto market! According to @ai_9684xtpa, this whale has more than $844 million in assets and recently started shorting XRP. Currently, the whale holds a short position of 12.1 million XRP, which will only be liquidated when XRP rises to $69.8226.
However, although XRP has only risen by $0.0795, the whale is already facing a floating loss of $977,000. The market is volatile, and investors need to stay calm and analyze market dynamics rationally. 📊💼