A crypto whale has made a $224,000 bet that XRP's price stays perfectly flat through June
Hex37's read
- A crypto whale sold options betting on XRP price stability.
- The trader collected $224,500 in premiums.
- Profit is realized if XRP remains near $1.40 through June.
What it means for traders
- High premium collection suggests expectations of range-bound consolidation for XRP.
- Monitor $1.40 as a key technical pivot point for potential volatility breakouts.
Affected markets
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