On December 10, a trader made $200.000 by investing $2.560 with 500x leverage on XRP at a price of $1.9025. They gradually closed their position between $2.13 and $2.29, achieving a staggering 7.500% profit.
However, the liquidation price for the position was $1.9004, so we strongly advise against attempting such risky trades ‼️