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This guy is tough, a short position on XRP, so angry that the official XRP blocked him!
This position conveys a single message
If you can raise XRP's market cap to 4 trillion, surpass Bitcoin, surpass Apple, then come and liquidate my $12 million position!
Moreover, the profits from this trader's Bitcoin position will continuously push up the liquidation price. By next year, when the bull market starts, this trader's XRP liquidation price might rise to $150 or even $200, what does that mean?
Unless the market makers have unlimited dollars to confidently raise XRP by another 100 times, they can’t liquidate this trader