The trader collected about $224,500 in premiums and will keep the full amount if XRP remains close to $1.40. A large trader booked a "short strangle" strategy on Deribit, expecting XRP to stay close to $1.40 till the end of June. The trader collected about $224,500 in premiums and will keep the full amount if XRP remains close to $1.40. The low-volatility wager comes as macroeconomic pressures and a key U.S. crypto regulatory bill, the Clarity Act, raise the prospect of bigger price swings. A m…
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