📉 Insider Whale Opens High-Leverage Shorts on $XRP and $SOL
According to PANews, on-chain analyst Ai Yi has identified an 'insider whale' opening aggressive 20x leveraged short positions on XRP and SOL. The whale shorted 3,333,333 XRP at $2.93 and 44,444.44 SOL at $164.18, with a total initial value of $17.07 million. Due to high leverage and favorable price moves, the current notional value of these shorts has surged past $221 million, generating an unrealized profit of $6.01 million. The move signals strong bearish conviction and has caught the attention of market watchers.
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