币界网报道:A crypto whale has opened a $1.1 million long position on XRP with 20x leverage, signaling strong bullish sentiment amid recent market volatility. The large leveraged trade was spotted on Binance, with the investor betting on a potential 20x price surge for XRP. This comes as XRP shows signs of recovery after dipping below $0.50 earlier this week, currently trading around $0.52. Analysts note such high-leverage positions are rare for XRP, typically seen during periods of heightened speculation. The move coincides with growing anticipation around Ripple's ongoing SEC lawsuit and possible institutional adoption.