Small traders are panicking while $6.8 million in profits sits quietly!
The leveraged trading game for the whales on $XRP is scary right now. 238 whales in short positions are realizing unrealized profits of up to +$6.81 million, while 324 whales in long positions only have +$320 thousand. I’m watching this huge imbalance in the $133 million positions—when the short whales decide to take profits or push harder, we’ll see unusual volatility.
The leveraged trading game for the whales on $XRP is scary right now. 238 whales in short positions are realizing unrealized profits of up to +$6.81 million, while 324 whales in long positions only have +$320 thousand. I’m watching this huge imbalance in the $133 million positions—when the short whales decide to take profits or push harder, we’ll see unusual volatility.
