XRP Bear Liquidated After Massive 20x Short

According to data provided by Onchain Lens, trader @qwatio got liquidated on his 20x XRP short position. As reported by U.Today, the position with a notional value of $17.6 million was opened on Monday after taking a $3.4 million loss with his XRP and Bitcoin positions. According to CoinGecko, XRP has reached an intraday high of $2.91, which was the trader's liquidation price.