Crypto Whale: Short selling Bitcoin and XRP totaling $140 million

A crypto whale has adopted a short selling strategy against Bitcoin and XRP, investing a total of $140 million in short positions. This move has attracted market attention, especially against the backdrop of intensified volatility in the cryptocurrency market in recent times. The community is concerned about the potential impact of this large-scale short selling behavior, believing that it may exacerbate market sentiment fluctuations. （Decrypt）