The crypto market entered deeper bearish territory over the weekend, with high-risk merchants opening large shorts on main cash like XRP.
On-chain analytics platform Lookonchain revealed {that a} well-known gambler from Roobet and Stake.com has initiated a brand new wave of aggressive quick positions focusing on Bitcoin, XRP, and Zcash, utilizing vital leverage.
Based on the information, the dealer deployed a complete place measurement of $196 million, using 40x leverage on BTC, 20x on XRP, and 10x on ZEC. The positions break down:
- 1,555.56 BTC ($148.5 million)
- 12.34 million XRP ($27.4 million)
- 31,016 ZEC ($20.4 million)
The transfer comes amid heightened market concern after Bitcoin dipped to $92,900 over the weekend, with the crypto Concern & Greed Index hitting 10—the worst stage since 2022.
“XRP Might Fall to $0.20”
Among the many positions, the 20x leveraged XRP quick stands out, particularly as sentiment across the token continues to weaken. XRP’s value dropped 11% over the previous week, buying and selling at $2.27 regardless of the launch of ETFs.
Critics argue that the token stays basically overvalued even after a number of corrections.
Broadly adopted dealer Crashius Clay has predicted that XRP might fall all the way in which to $0.20, noting that even at that stage it will “nonetheless be overvalued and manner too excessive.”
$XRP might commerce at .20 cents
And it will nonetheless be overvalued and manner too excessive
— Crash (@CrashiusClay69) November 16, 2025
He cited the tightening macro setting, thinning retail liquidity, and XRP’s mounting competitors from stablecoins.
As Clay put it: “There’s no demand for shitcoins when individuals are down dangerous; they gotta exit at no matter value they will.”
Clay additionally highlighted the weakening XRP/BTC pair, calling it extraordinarily bearish. This means that XRP’s relative efficiency in opposition to Bitcoin continues to deteriorate.
Echoes of His Earlier Warnings
Clay’s newest feedback align together with his October warnings, the place he described XRP as probably the most basically sound shorts of this cycle, presumably even “within the historical past of humanity.”
On the time, he argued that this bull run could possibly be XRP’s final, claiming that the rise of stablecoins and CBDCs had eroded its unique use case in cross-border funds.
He additionally pointed to SWIFT’s blockchain-based shared ledger, backed by main banks like JPMorgan and HSBC, as proof that establishments have moved on from the concept XRP might turn out to be the spine of worldwide settlements.
Clay has a observe file to again up his skepticism. Earlier this 12 months, he disclosed $1 million briefly positions that earned him over $800,000 as XRP fell from multi-year highs. He as soon as described XRP as “a disguised meme coin” and one of many best shorts of his buying and selling profession.
Now, with the market weakening once more, his message has returned with larger depth.
Can XRP Nonetheless Attain $10 This 12 months?
Whereas bearish merchants guess on additional XRP losses, the neighborhood stays bullish. Some see long-term worth in Ripple’s international enlargement, partnerships, and ongoing ETF launches. Sure analysts insist XRP might nonetheless hit $8–$10 this 12 months.
DisClamier: This content material is informational and shouldn’t be thought of monetary recommendation. The views expressed on this article could embrace the creator’s private opinions and don’t mirror The Crypto Fundamental opinion. Readers are inspired to do thorough analysis earlier than making any funding choices. The Crypto Fundamental shouldn’t be accountable for any monetary losses.
