Whale Watch · Hyperliquid · 12d ago

A $27.8M-profit trader cuts their $13.7M XRP short by 42%

+$27.8M all-time on Hyperliquid · +$5.3M this month. 7 other top traders are already short XRP ($50.6M between them).

Fexr follows the top traders on Hyperliquid, a crypto futures exchange where every position is public, and writes one of these when one of them makes a big change to a position.

The move

The trader made an existing position smaller, taking some money off the table while keeping the rest open. Leverage (×) is how many times the trader's own money the position is worth. Open P&L is profit or loss not yet taken.

Position

SHORT XRP $7.96M

Leverage

20×

Entry

$1.36

Price at alert

$1.33

Liquidation

$2.23 · 68.2% away

Open P&L

+$222.9K

Cut

$5.71M (was $13.67M)

Since then

What has happened to the position and the price since this move, as of the latest read.

Closed
  • XRP has moved -0.99% since this alert ($1.327 → $1.313), in their favour.
  • They closed it 12d ago, up about $273K.
See the close (12d ago)

The trader

Who made the move and their record on Hyperliquid. P&L is profit and loss; account value is the money in the account now.

Trader 0x469e…58a5

#34 by all-time profit of the 96 traders Fexr tracks

All-time P&L

+$22.08M

This month

-$4.06M

This week

-$3.41M

Account value

$8.91M

View on Hyperliquid explorer

Their book

Everything this trader held at the time of the move, so you can see whether this was a big part of their portfolio or a side bet.

Long $41.21M · Short $53.97M · Open P&L -$6.26M

  • LONG ETH 25×$24.31M · -$2.91M
  • SHORT SOL 20×$20.88M · +$228.5K
  • SHORT BTC 25×$17.80M · +$199.3K
  • LONG SNDK 10×$10.06M · -$3.05M
  • SHORT XRP 20×$7.96M · +$222.9K
  • SHORT HYPE 10×$4.88M · +$110.1K

Other big XRP positions

Other tracked traders holding XRP at the time of the move: on the same side as this trader, or betting the other way.

Same side

  • Trader 0x5b5d…c060$26.74M
  • Trader 0xb83d…6e36$15.11M
  • Trader 0x45d2…4029$3.25M
  • Trader 0x3fc5…c0c1$1.95M
  • Trader 0x7737…bf66$1.88M
  • Trader 0x8af7…fa05$923.3K
  • Trader 0x936c…bb0f$738.0K

Other side

  • BobbyBigSize$9.27M
  • Trader 0x152e…c9dc$3.75M
  • Trader 0xd4c1…3d1d$760.4K

More from this trader

More on XRP

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