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BTCC / BTCC Square / Thecryptobasic /
Crypto Whale Bets Big Against XRP: 20x Leverage Short Position Sparks Market Buzz

Crypto Whale Bets Big Against XRP: 20x Leverage Short Position Sparks Market Buzz

Author:
Thecryptobasic
Published:
2025-11-17 13:23:40
13
3

A high-profile trader just dropped a bombshell on the XRP market—opening a massive short position with 20x leverage. This aggressive move signals deep conviction in an impending price drop, sending ripples through the crypto community.

Leverage showdown: The 20x play amplifies both potential gains and risks, turning this into a make-or-break moment for the trader. XRP bulls now face a credibility test as the market watches this high-stakes bet unfold.

Market impact: Such visible short activity often triggers copycat trades, potentially accelerating downward momentum. But remember—when whales play with leverage, someone usually ends up as fish food.

Renowned Trader Opens Massive XRP Short With 20x Leverage

The crypto market entered deeper bearish territory over the weekend, with high-risk traders opening massive shorts on major coins like XRP. On-chain analytics platform Lookonchain revealed that a well-known gambler from Roobet and Stake.com has initiated a new wave of aggressive short positions targeting Bitcoin, XRP, and Zcash, using significant leverage.

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Risk warning: Digital asset trading is an emerging industry with bright prospects, but it also comes with huge risks as it is a new market. The risk is especially high in leveraged trading since leverage magnifies profits and amplifies risks at the same time. Please make sure you have a thorough understanding of the industry, the leveraged trading models, and the rules of trading before opening a position. Additionally, we strongly recommend that you identify your risk tolerance and only accept the risks you are willing to take. All trading involves risks, so you must be cautious when entering the market.

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