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🔥 Day 8 Hot Topic: XRP ETF Goes Live
REX-Osprey XRP ETF (XRPR) to Launch This Week! XRPR will be the first spot ETF tracking the performance of the world’s third-largest cryptocurrency, XRP, launched by REX-Osprey (also the team behind SSK). According to Bloomberg Senior ETF Analyst Eric Balchunas,
The End of Greed Ended Badly! Altcoin Whale Incurred $21 Million Loss with TRUMP! - Coin Bulletin
A whale that attracts attention with large transactions in the crypto market not only lost the $11.8 million profit it earned through TRUMP token, but also lost more than $9 million of its principal.
Finally, the investor who spent $33.9 million to buy 766,083 TRUMP at $44.25 per coin is currently at a loss of $21 million.
This investor had previously made a significant profit through the TRUMP token, but his aggressive purchases resulted in significant losses as he moved against the market. This situation demonstrates that even whales can make risky moves in the market and that excessive greed can lead to serious consequences.
As high volatility continues in the crypto market, the significant damage to the TRUMP token stands out as a development that investors need to closely monitor.