A crypto whale is in trouble after US President Donald Trump revealed plans to establish a US Strategic Cryptocurrency Reserve consisting of Bitcoin, Ethereum, Solana, XRP, and Cardano. The whale, who had a 20x short position on XRP, panicked and added $8 million worth of USDC to his position to prevent liquidation. However, his short XRP position has suffered a loss of $4.6 million. The whale also holds long positions in ETH, SOL, and BTC, while having short positions in XRP, SUI, DOGE, ADA, and HYPE.



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