🚨 WHALE ALERT: $20M+ XRP SHORT POSITION OPENED AMID MARKET PULLBACK 🚨

A newly created wallet has deposited $7M USDC to Hyperliquid and opened a massive **$136.35 million** in short positions against both BTC and XRP.

Key Details:

· XRP Short: $20.35 Million

· Entry Price: ~$2.30

· Leverage: 20x

· Liquidation Price: $2.845 (A ~25% surge from current levels)

The same whale also shorted Bitcoin (BTC) with a $116 million position. While the BTC trade is already seeing minor losses, the XRP short is currently in profit as the price hovers around **$2.28**.

This bold move comes as XRP faces resistance at the $2.41 level, with some analysts suggesting a further correction could be ahead before the next leg up.

What's your take? Is this whale a genius anticipating a deeper drop, or will they face liquidation if the market reverses? 👇

#XRP #WhaleAlert #Trading #Short #CryptoNews

Source: The Crypto Basic via Lookonchain

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