coinpedia
2023-07-14 06:58:37

XRP Short Traders Face Massive Losses as Ripple Scores Win Against SEC

The post XRP Short Traders Face Massive Losses as Ripple Scores Win Against SEC appeared first on Coinpedia Fintech News XRP, the digital currency associated with Ripple, has witnessed substantial price fluctuations over the past 24 hours following a significant court ruling. Consequently, short traders of XRP faced the most significant losses of the year. Coinglass data reveals that XRP-tracked futures traders suffered losses amounting to approximately $58 million after U.S. Judge Torres concluded that …

Get Crypto Newsletter
Read the Disclaimer : All content provided herein our website, hyperlinked sites, associated applications, forums, blogs, social media accounts and other platforms (“Site”) is for your general information only, procured from third party sources. We make no warranties of any kind in relation to our content, including but not limited to accuracy and updatedness. No part of the content that we provide constitutes financial advice, legal advice or any other form of advice meant for your specific reliance for any purpose. Any use or reliance on our content is solely at your own risk and discretion. You should conduct your own research, review, analyse and verify our content before relying on them. Trading is a highly risky activity that can lead to major losses, please therefore consult your financial advisor before making any decision. No content on our Site is meant to be a solicitation or offer.