Famous Trader Bets $27 Million That The XRP Price Will Crash
November 19, 2025 · 1:00 PM
A prominent trader has opened a $27.4 million short position on XRP, betting on a significant price drop amid a market downturn. Despite the launch of Canary's XRP ETF and increased institutional interest, XRP struggles to maintain its value, with analysts predicting it could fall below the psychological $2 mark. Notably, crypto analyst Ali Martinez warns that if XRP loses its $2.15 support level, it could drop to $1.73.
Read full article at: