Renowned Trader Opens Massive XRP Short With 20x Leverage

2025-11-17 15:05:02

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The crypto market entered deeper bearish territory over the weekend, with high-risk traders opening massive shorts on major coins like XRP.

According to the data, the trader deployed a total position size of $196 million, employing 40x leverage on BTC, 20x on XRP, and 10x on ZEC. The positions break down:

1,555.56 BTC ($148.5 million)
12.34 million XRP ($27.4 million)
31,016 ZEC ($20.4 million)

The move comes amid heightened market fear after Bitcoin dipped to $92,900 over the weekend, with the crypto Fear & Greed Index hitting 10—the worst level since 2022.

“XRP Could Fall to $0.20”

Among the positions, the 20x leveraged XRP short stands out, especially as sentiment around the token continues to weaken. XRP’s price dropped 11% over the past week, trading at $2.27 despite the launch of ETFs.

XRP0,09%

BTC0,24%

ZEC7,91%

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