According to ChainCatcher, a whale or institution is shorting XRP on a large scale. According to @ai_9684xtpa, the whale holds assets worth more than $844 million and has established a short position of 12.1 million XRP. It is worth noting that the short position will only explode if the price of XRP rises to $69.8226. Currently, the price of XRP has only risen by $0.0795, and the whale has suffered a floating loss of $977,000. This trend has attracted market attention, and investors need to pay close attention to the price fluctuations of XRP and its potential impact on the market.