Forecast of 'Black Monday'
Trader James Wynn warns of a possible 'black swan' in the stock market within the next 24 hours. According to him, the day could go down in history as Black Monday, so he urges market participants to protect their capital and reduce risks.
At the same time, it is worth considering the context: earlier, James Wynn lost over $100 million on futures positions. Currently, according to open data, he holds an open short of approximately $95,000, which may indicate his current bearish position in the market.
In the event of strong negativity in the stock market, altcoins, including XRP, traditionally may react with increased volatility and sharp movements amid declining liquidity.
