One XRP Whale Just Paid to Escape the $1.44 Trap $XRP held $1.44 strongly enough to force a large Hyperliquid short seller to change course. Across four orders, the trader bought back roughly 450,000 XRP, cutting the short from 2.42M to 1.96M XRP and realizing losses on each reduction. THE TRADE 2.42M XRP short → price refuses to break $1.44 → 450K XRP bought back → 1.96M XRP short remains The timing is notable. XRP had already rebounded from below $0.90 to $1.65, broken above its 200-day moving average, and then consolidated instead of giving back the move. During that pause, the daily oscillator cooled from overbought conditions to a neutral 53, while price continued holding the high-volume area around $1.44. One trader covering a short does not prove that bearish positioning is finished. But if more leveraged shorts are forced to buy back while $1.44 continues acting as support, that covering itself becomes additional demand - increasing the chance of another move toward the $1.60–$1.65 zone. #Altcoin Season# #Ripple #XRP #Ad
