Coinbase: XRP’s Sharp Flush Under $1.40 Comes Before $2
Photo: DailyCoin
The globe’s largest crypto exchange spotted a lob-sided trend on the Derivatives market that has leveraged traders on edge. Around 97% of all recent fresh long XRP position exposure circulated around $1.40. XRP dipped below this level, so most of this multi-billion dollar long liquidity cluster is now heavy in the red. What XRP Derivatives Players Can Do From Here Now the choice is whether leveraged XRP bulls would raise their stakes and cover the margins or to activate a stop loss mechanism to reduce the deficit on the balance sheet.
Source: DailyCoin
