$XRP The $XRP community is buzzing! STEPH IS CRYPTO just reported on X that a major whale has closed a $10.21 Million Long position at $2.56. 🤯
So far, no big exchange or on-chain tracker has confirmed it – but such a move can easily happen OTC or spread across multiple exchanges.
✨ Market Backdrop
Right now, XRP is trading around $3 📈 with steady volume and an upward trend.
This means whale-level position closes can happen without extreme volatility.
✨ Why It Matters
👉 If this was profit-taking, the impact may stay limited.
👉 If it was a forced liquidation, it could signal margin pressure and trigger more liquidations.
Remember: XRP’s history shows big derivatives liquidations often amplify price swings. ⚡
✨ Key Indicators to Watch
🔹 Large XRP exchange inflows
🔹 Sudden open-interest spikes
🔹 Liquidation tracker reports
If no confirmation comes in the next few days, it likely happened off-exchange.
✨ Bottom Line
This report only comes from STEPH IS CRYPTO’s post. Until proof appears, treat it as a credible lead, not a confirmed event.
Still, even the rumor of a whale exit is enough to shake sentiment. 💥
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