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Bymbank
@bymbank
📊TOP reasons for liquidation price Altcoin hits record TOP1: Coindesk shares case study Trader turns $2.5k into $200k by... playing the Futures trap 500 times 🙉 Specifically, this trader opened a Long $XRP position at a price of 1.9 USD before the news and not long after, $XRP skyrocketed 26% when Ripple Labs was approved to provide stablecoin RLUSD in the US. The trader then closed incremental gains in the price range from $2.13 to $2.29, resulting in a profit of up to 7,500%.
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