Whale Watch · Hyperliquid · 2d ago

A $22.5M-profit trader cuts their $13.2M XRP short by 31%

+$22.5M all-time on Hyperliquid · −$2.8M this week. 8 other top traders are already short XRP ($37.1M 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 $9.16M

Leverage

20×

Entry

$1.30

Price at alert

$1.28

Liquidation

$1.74 · 36.0% away

Open P&L

+$145.9K

Cut

$4.12M (was $13.17M)

Since then

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

Still open
  • XRP has moved +2.75% since this alert ($1.278 → $1.313), against them.
  • Still holding $9M.
  • Open profit on the position: −$101K.
  • Liquidation now $1.568, 19.4% away.

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 $26.64M · Short $42.32M · Open P&L -$2.46M

  • LONG ETH 25×$23.53M · -$2.49M
  • SHORT BTC 25×$11.25M · +$105.7K
  • SHORT ZEC 10×$9.43M · +$90.3K
  • SHORT XRP 20×$9.16M · +$145.9K
  • SHORT HYPE 10×$5.77M · +$37.2K
  • SHORT SOL 20×$4.55M · +$74.9K

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$14.31M
  • Trader 0xb83d…6e36$13.48M
  • Trader 0x45d2…4029$3.14M
  • Trader 0x3fc5…c0c1$1.93M
  • Trader 0x7737…bf66$1.81M
  • Trader 0x8af7…fa05$889.4K
  • Trader 0x936c…bb0f$870.7K
  • Trader 0xd4c1…3d1d$659.9K

Other side

  • BobbyBigSize$1.47M

More from this trader

More on XRP

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