XRP Insider Trader Opens $17M Short Positions Amid $221M Market Moves
Main Idea
Insider trader @qwatio opened $17.07 million short positions on XRP and SOL, contributing to a total of over $221 million in short positions with $5.95 million unrealized profit, highlighting significant market activity.
Key Points
1. @qwatio opened 3,333,333 XRP and 44,444.44 SOL short positions worth $17.07 million at entry prices of $2.93 and $164.18, respectively.
2. The total value of four short positions now exceeds $221 million, with $5.95 million in unrealized profit.
3. AI Aunt, a respected blockchain analyst, provided the data and analysis on these large-scale trades.
4. These short positions could potentially increase volatility in the XRP and SOL markets.
5. COINOTAG emphasizes the importance of monitoring such large-scale trading activities for market insights.
Description
Are You Chasing New Coins? Catch the newest crypto opportunities. Be the first to buy, be the first to win! Click here to discover new altcoins! Insider trader @qwatio
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