A crypto whale has made a $224,000 bet that XRP's price stays perfectly flat through June

CoinDesk·

A crypto whale has made a $224,000 bet that XRP's price stays perfectly flat through June

60-second summary

A crypto whale has made a $224,000 bet that XRP's price stays perfectly flat through June, collecting about $224,500 in premiums, which they will keep if XRP remains close to $1.40. This significant bet reflects the whale's confidence in XRP's stability, potentially influencing market sentiment and affecting XRP's price trajectory in the coming months.

The trader collected about $224,500 in premiums and will keep the full amount if XRP remains close to $1.40.