Whale Watch · Hyperliquid · 1h ago

A $22.1M-profit trader cuts their $5.4M XRP short by 56%

+$22.1M all-time on Hyperliquid · −$3.4M this week. 8 other top traders are already short XRP ($44.9M 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 $2.40M

Leverage

20×

Entry

$1.30

Price at alert

$1.32

Liquidation

$2.31 · 74.6% away

Open P&L

-$39.3K

Cut

$2.99M (was $5.39M)

Since then

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

Closed
  • XRP has moved +0.22% since this alert ($1.32 → $1.323), against them.
  • They closed it 1h ago, down about $39K.
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 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 $26.90M · Short $21.48M · Open P&L -$4.36M

  • LONG ETH 25×$23.45M · -$2.57M
  • SHORT ZEC 10×$12.91M · -$1.24M
  • SHORT HYPE 10×$6.17M · -$367.8K
  • LONG ENA 10×$3.45M · -$135.5K
  • SHORT XRP 20×$2.40M · -$39.3K

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$15.80M
  • Trader 0xb83d…6e36$13.90M
  • Trader 0xca49…53c8$5.45M
  • Trader 0x45d2…4029$3.24M
  • Trader 0x3fc5…c0c1$2.00M
  • Trader 0x7737…bf66$1.86M
  • stuxfred$1.58M
  • Trader 0xbfc7…80b4$1.05M

Other side

  • Trader 0x123d…3bff$1.61M
  • BobbyBigSize$1.44M
  • Trader 0xea00…a918$658.5K

More from this trader

More on XRP

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