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The XRP Mass-Delusion

Shorting the biggest mass-delusion in Crypto.

More informations later...
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Why I chose to put size on before the support break is confirmed.

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This might break sentiment

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Solid 10% drop in under 1h

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On-Chain movements are interesting

From(@whale_alert)

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Trade fechado manualmente
Trade on pause, Tether uncertainty, Signals are distorted

Waiting for better market conditions

Good Luck
Trade ativo
Reopened the trade with a small position for SITG

Content:
coinmetrics.io/an-on-chain-analysis-of-ripples-escrow-system/
Trade ativo
Long-Short profile came down quite heavily after that massive move to the upside.

Off to visiting a negative long-short profile for the first time?

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macrobear
Support and ResistancexrpXRPBTCxrpshortxrpusd
macrobear

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