Whale on-chain activity: 2.73 million XRP short positions opened, unrealized loss of $180,000

【BitPush】On-chain data just showed that a large holder opened a significant short position at 15:44. The size is 2.735 million XRP, with 20x leverage used, and the entry price was set at $1.95.

The short position at this level is currently showing a small floating profit, but the overall account still shows a floating loss of $182,000. From the data, this order is not small in scale, especially after leverage is applied, any fluctuation in either direction will be amplified. What this floating loss level means and how the market will respond moving forward still need to be observed.

XRP1,45%
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AllInAlicevip
· 01-22 08:37
Opened a short position on 2.73 million XRP with 20x leverage, with an unrealized loss of 180,000 and still staying calm. This brother's mindset is truly unmatched.
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TideRecedervip
· 01-22 08:37
Playing with 2,730,000 XRP at 20x leverage, this guy really dares to do it. He can withstand a floating loss of 180,000 and still persist; his mentality is truly strong.
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GasFeeCriervip
· 01-22 08:37
20x leverage short XRP, this guy really dares... with a floating loss of 180,000 still holding on, he might get liquidated at any moment.
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CompoundPersonalityvip
· 01-22 08:34
Playing XRP short with 20x leverage, this guy's really bold. Can he still sleep soundly with a floating loss of 180,000?
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MevTearsvip
· 01-22 08:13
Playing short with 20x leverage, this guy's really bold... Floating loss of 180,000 and still hasn't been liquidated, he's quite lucky.
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BlockchainBardvip
· 01-22 08:09
Playing short with 20x leverage, I really can't hold on. A rebound of just one wave and 180,000 is gone.
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