😵‍💫Trader Turned $2500 Into $200,000 Thanks to XRP Price Surge

An unknown trader managed to make $200,000 trading XRP. He opened a $2560 position with 500x leverage when the asset was trading at $1.9025.

🫠 If the price had dropped below $1.9004, his position would have been liquidated. However, the trader gradually closed the position at prices between $2.13 and $2.29, making a profit of approximately 7500%.