According to @ai_9684xtpa, the Binance smart money account Hyundai_YK suffered a substantial trading loss by holding a 6x leveraged XRP (Ripple) short position for 28 days, starting at an opening price of $2.5784 on July 10. The trader fully closed their main position with a realized loss of $6.448 million and still holds a remaining XRP short position with an unrealized loss of $148,000 as of the latest update. This significant loss highlights the risks of prolonged high-leverage shorts in volatile crypto markets and may influence short-term XRP price action and overall market sentiment. Source: @ai_9684xtpa.