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The “Insider Whale” lost $3.45 million after closing his BTC and XRP short positions, and then opened a new position to short XRP
2025-09-29 00:15

According to on-chain analyst Yu Jin, "insider whale" @qwatio closed his BTC and XRP short positions to avoid liquidation, resulting in a $3.45 million loss. Five minutes later, he reopened a short position in XRP, opening at $2.85 and liquidating at $2.91.

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