Whale Watch · 1h ago

A $21.2M-profit trader cuts their $7M XRP short by 29%

+$21.2M all-time profit · −$2.9M this week. 8 other top traders are already short XRP ($49.8M 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 $5.02M

Leverage

20×

Entry

$1.25

Price at alert

$1.26

Liquidation

$2.69 · 113.3% away

Open P&L

-$40.3K

Cut

$2.02M (was $7.02M)

Since then

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

Closed
  • XRP has moved +1.46% since this alert ($1.261 → $1.28), against them.
  • They closed it 1h ago, down about $40K.
See the close (1h 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 0xbf73…5d58

#36 by all-time profit of the 108 traders Fexr tracks

All-time P&L

+$21.19M

This month

-$5.12M

This week

-$2.93M

Account value

$6.63M

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 $5.48M · Short $8.78M · Open P&L -$28.8K

  • LONG BRENTOIL 20×$5.05M · +$46.6K
  • SHORT XRP 20×$5.02M · -$40.3K
  • SHORT WLFI 5×$980.8K · -$17.9K
  • SHORT SUI 10×$929.3K · -$5.1K
  • SHORT ARB 10×$928.9K · -$23.8K
  • SHORT WLD 10×$915.8K · +$11.4K

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$19.55M
  • Trader 0xb83d…6e36$12.49M
  • Trader 0xca49…53c8$5.22M
  • Trader 0xfc27…9d9d$5.01M
  • Trader 0x45d2…4029$3.09M
  • Trader 0x3fc5…c0c1$1.90M
  • Trader 0xdf95…7d72$1.46M
  • Trader 0xbfc7…80b4$1.01M

Other side

  • Trader 0x123d…3bff$1.52M
  • Trader 0xea00…a918$630.3K
  • BobbyBigSize$290.0K

More from this trader

More on XRP

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