Whale’s $10M Long Positions on XRP Suggest Potential Market Impact Amid Modest Fluctuations
Main Idea
A whale invested over $10 million in long positions on XRP, SOL, and BONK via HyperLiquid, causing slight market reactions with XRP rising 0.27% and SOL/BONK dipping marginally.
Key Points
1. Whale placed over $10M in long positions on XRP, SOL, and BONK using 11.37M USDC via HyperLiquid.
2. Market reaction: XRP price increased by 0.27%, while SOL and BONK saw minor declines.
3. No official comments from Ripple, Solana, or Bonk Inu teams, nor regulatory interventions reported.
4. Historical context suggests such whale activity can influence short-term market trends.
5. COINOTAG will continue monitoring and providing updates on these developments.
Description
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