Bitprismia

Hyperliquid Whale Just Went Long on XRP. Here’s the Latest

2025-07-04 05:45:47

Main Idea

A whale on Hyperliquid has opened a $1.10 million long position on XRP with 20x leverage, signaling strong belief in XRP's potential amid recent market activity and speculation.

Key Points

1. A whale (wallet address 0x9d8c) opened a $1.10 million long position on XRP at $2.2112 with 20x leverage on Hyperliquid.

2. The leveraged position indicates high conviction but also significant risk, as a 5% price swing could lead to large profits or losses.

3. XRP has shown resilience recently, trading between $2.10 and $2.30, with whales previously accumulating $782 million worth of XRP.

4. The whale's move may anticipate a breakout above $2.30, but a drop below $2.10 could trigger liquidations and increased volatility.

5. Market speculation includes potential XRP spot ETF rumors and Ripple's regulatory clarity, adding to the long-term bullish sentiment.

Description

A major ripple just hit the XRP market, and it’s coming from one of the most aggressive traders on Hyperliquid. According to a post by crypto analyst Xaif on X, a whale identified by wallet address 0x9d8c has opened a massive $1.10 million long position on XRP with 20x leverage for $2.2112. This bold bet has stirred renewed interest and speculation about XRP’s next big move. A Whale-Sized Bet at a Pivotal Moment The leveraged position, executed on Hyperliquid, a rising decentralized perpetuals e...

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