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Whale, which shorted XRP against the trend with 20x leverage, has lost more than $4.6 million
BlockBeats News, on March 3, according to Lookonchain monitoring, after the announcement that "Trump will advance the encryption strategic reserve including XRP, SOL and ADA", a whale hurriedly closed its XRP shorts position and added 8 million USDC Margin to avoid forcing a close position. The Whale leveraged Short XRP with 20 times, with a floating loss of more than $4.6 million.
I am your spiritual pillar. It's just a lure