28 Days of Pain: Smart Money Trader Burns $6.6M Shorting $XRP After nearly a month of holding onto a losing short, Binance’s smart money wallet Hyundai_YK finally threw in the towel.

On July 10, he went all-in on a 6x leveraged short on #xrp at $2.5784 — and held through all the volatility. This morning, he finally closed the bulk of the position, realizing a $6.448 million loss. Ouch.

But it’s not quite over — he’s still holding a small remaining position, floating a $148K loss.

Sometimes, conviction becomes costly.