🚨A staggering $51.1 million XRP long position quietly posted on Hyperliquid—who is making a contrarian all-in in the face of adversity?
Group: 点击进入玖玖的粉丝群
On-chain data monitoring found that a Hyperliquid wallet quietly built one of the largest XRP long positions across the entire platform, with a notional value of up to $51.1 million.
$51.1 million—based on XRP’s current price, that’s on the order of tens of millions of coins. One person essentially propped up the market’s long-side positioning on the contract order book. Even more crucially, this position was opened when the Fed was hawkish and XRP had dipped to around $1.38—a textbook case of “others are fearful, I am greedy.”
At the same time, the market is digesting Fed Chair Warsh’s tough remarks on inflation, and risk assets are under collective pressure. XRP’s short-term drop at one point reached 5%. Yet this whale chose to heavily accumulate in the panic zone—combined with the fact that expectations for spot XRP ETFs have never really faded. This combination of “event-driven + counter-cyclical capital” is often more honest than any candlestick indicator.
Big money has always moves against the crowd. Panic is when they truly place their bets.
But leverage in futures is a double-edged sword. Sell walls around the $1.50 area still cap the rebound space, and the whale could cut losses and exit at any moment—don’t blindly follow along.
👀Do you think this whale is smart money or a bag-holder? Cast your vote in the comments.
Click the avatar to watch the livestream, and join the Jiujiu chat group to get daily strategies 🚀
#XRP #巨鲸 #Hyperliquid #合约 #CryptoMarket
Group: 点击进入玖玖的粉丝群
On-chain data monitoring found that a Hyperliquid wallet quietly built one of the largest XRP long positions across the entire platform, with a notional value of up to $51.1 million.
$51.1 million—based on XRP’s current price, that’s on the order of tens of millions of coins. One person essentially propped up the market’s long-side positioning on the contract order book. Even more crucially, this position was opened when the Fed was hawkish and XRP had dipped to around $1.38—a textbook case of “others are fearful, I am greedy.”
At the same time, the market is digesting Fed Chair Warsh’s tough remarks on inflation, and risk assets are under collective pressure. XRP’s short-term drop at one point reached 5%. Yet this whale chose to heavily accumulate in the panic zone—combined with the fact that expectations for spot XRP ETFs have never really faded. This combination of “event-driven + counter-cyclical capital” is often more honest than any candlestick indicator.
Big money has always moves against the crowd. Panic is when they truly place their bets.
But leverage in futures is a double-edged sword. Sell walls around the $1.50 area still cap the rebound space, and the whale could cut losses and exit at any moment—don’t blindly follow along.
👀Do you think this whale is smart money or a bag-holder? Cast your vote in the comments.
Click the avatar to watch the livestream, and join the Jiujiu chat group to get daily strategies 🚀
#XRP #巨鲸 #Hyperliquid #合约 #CryptoMarket
