[An 'Insider Trader' Stops Loss and Closes BTC and XRP Short Positions, Losing $3.45 Million] According to a report by Jinse Finance, on-chain analyst Ember monitored that with the wave of mainstream rebound at 6 o'clock, the 'insider trader' falllling stopped loss and closed his BTC and XRP short positions to avoid liquidation. This short attempt resulted in another loss of $3.45 million. Five minutes after closing the positions, he opened new ones: continuing to short XRP. The recently closed position was a short opened at $2.71, and now this one is at $2.85. However, the liquidation price is very close, at $2.91, just two points away from the current price.