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๐จ #XRP WARNING!!!
35 Comments

Does not mean anything. Those can also be hedge postitions.

Whales will hold shorts just to get you to sale, don't be fooled

No warnings needed. Only if you focus on price. I focus on value. Then you can forget the price action.

Hedged positions, whales arenโt stupidโฆ

Those shorts are screwed so bad. It will never go that low again.

Stupid lol there us too much positivity going on right now to crash; just like BTC 2 months ago before the latest rally!

David Portnoi?๐ค

589 insider signal?

Judge Torres can come out any day and settle the Ripple case... These ppl are hard-core gamblers

I wouldnโt doubt if Saylor were one of these whale. Always hating on cryptos that donโt align with BTC.

๐คฆ๐ปโโ๏ธ๐คฆ๐ปโโ๏ธ or they will push the price down or they will get liquidated ๐คฆ๐ปโโ๏ธ๐คฆ๐ปโโ๏ธ

Doesnโt seem like even a drop right now. $XRP currently has a $202B MC thatโs 202000M for perspective

They are just stupid and they should close thise losses out because we will never see $2 again.

Probably hedging

Xrp 1000 dollar

They likely belong to a hedge fund that is also engaged in a long call position. They know it will go up (they long upside), they know it will go down (they short downside). Itโs a very common strategy in options trading. Derivatives market is something you see this in often

If it does go back down, it wonโt be long. In the meantime it will give me and other longs to buy way more. ๐๐๐๐๐๐๐๐๐๐๐๐๐

Probably Bitcoiners who donโt want altseason. Eth shorting is like this everyday.

No they already opened long positions to counter their losses ๐ they are abandoning those positions and will be using them as a tax right off ๐

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This 14 mil is peanuts. They will get liquidated this week. The short wont win. I would worry if the amount is 140 mil.

Woke up thinking about this...they are bitcoin maxis. It's the only logical explanation ๐คฆโโ๏ธ

Prixcefagging is banned

Iโll take a little dip and rip !

Liquidate their asses

Squeezed

Opinion: A final shakeout may drive XRP below $2, flushing out remaining retail holders. Retail was never meant to hold XRP long-term, only to fuel initial price traction. Afterward, XRP could surge to $25โ$50, pricing out retail and locking in value for institutional rails

Big sweep b4 she goes to the moon ๐๐๐๐๐

Youโre sure thatโs not Dave Portnoy?

it's probably a small hedge against their other positions.

Just stupid cuz

All i know is... I am not selling a single $XRP at these levels and anyone who has been paying attention knows what's coming and will not be selling either.

Just sayingโฆ.. Feels like a massive rug pull coming. Ripple Labs, the company behind XRP, holds a huge shareโroughly 46โฏbillion XRP, which is nearly 46โฏ% of the total ~100โฏbillion XRP supply ๏ฟผ. โขAmong all XRP addresses, the top 10 wallets collectively control ~41โฏ% of XRP; the top 20 hold ~50โฏ%, the top 100 hold ~72โฏ%

What is the source of these data? Thank you. Thats some @redbull kind of trading risk right there. It's not that time yet IMO.

Meaningless unless you know their total position. Could be hedging on long positions.
