Doctor Profit Warns of a Very Big Monero (XMR) Liquidation Event

Your call?🐂 Bullish🐻 Bearish

$287M

XMR open interest

$XMR

$596.10

-1.9%

Monero (XMR) futures open interest stands near $287 million, according to CoinGlass, and trader Doctor Profit warns that this leverage could trigger a large XMR liquidation event. He ties the setup to January, when a similar build-up…