🐋 A whale is heavily betting on a rise at $XRP !
In the last 4 hours, the whale opened a long position on 27.9 million XRP with 20x leverage, totaling about $30.9 million.
They also hold another long position on 809.9 Bitcoin with 20x leverage, worth around $50.6 million, but it's currently showing an unrealized loss exceeding $2.6 million.
These positions reflect a massive bullish bet, but the high leverage means liquidation risk is real at any sharp drop.
Is the whale expecting a strong rally, or is it doubling down on risk to offset its losses?
#XRP
In the last 4 hours, the whale opened a long position on 27.9 million XRP with 20x leverage, totaling about $30.9 million.
They also hold another long position on 809.9 Bitcoin with 20x leverage, worth around $50.6 million, but it's currently showing an unrealized loss exceeding $2.6 million.
These positions reflect a massive bullish bet, but the high leverage means liquidation risk is real at any sharp drop.
Is the whale expecting a strong rally, or is it doubling down on risk to offset its losses?
#XRP