$2M Bet on XRP Volatility Placed Amid Price Surge
A significant bet on XRP volatility has been placed in the cryptocurrency market, with a reported $2 million wager that prices will surge.
The bet was made by an unnamed individual, who is reportedly betting against XRP's stable price. According to reports, this is not the first time someone has taken such a bold stance on the cryptocurrency.
XRP's price has indeed seen significant fluctuations in recent times, with its value dropping to as low as $0.20 in 2020 but recovering to its current price of around $1.23 per token.