FudPanic

Back to the feed

XRP $0.99 Call Draws Scrutiny as Santiment Tracks Growing Shorts

Bitcoin.com News XRP Bearish

Santiment data shows that among the most profitable XRP wallets it tracks, only one was long as of Nov. 6, while three active short sellers added about 2.1 million XRP since late October. The analysis was paired with a trader's call for XRP to drop to $0.99. Traders may read the growing short positioning as a sign of bearish sentiment among informed wallets.

Read the full story on Bitcoin.com News