A trader closed out his 28-day-old XRP short position, with an estimated loss of $6.6 million.

A trader who stubbornly held an XRP short position for 28 days lost $6.6 million. Binance live trader account Hyundai_YK opened a full-position XRP short position with 6x leverage at $2.5784 on July 10th. The position has been closed with a stop-loss order, resulting in a loss of $6.448 million. The most recent trade was at 9:00 AM this morning, leaving the remaining position with a $148,000 loss.