Crypto Wholes Shorting Popular Coins, Seeking Refuge in PayDax Protocol

Recent market turmoil caused a significant $20 billion worth of cryptocurrency liquidations, with XRP, Dogecoin (DOGE), and PEPE among the hardest hit. As whales anticipate further price declines, they are shifting their focus to PayDax Protocol (PDP) for potential gains. Analysts have pinpointed these actions, observing a growing trend of short positions in established cryptocurrencies like Bitcoin (BTC). This activity is mirrored in the market’s current trends with XRP, DOGE, and PEPE, as whales strategically position themselves to profit from anticipated price drops.