HomeCryptocurrencyThis Whale Held a $52.68M XRP Long for 46 Days. Someone Knows...

This Whale Held a $52.68M XRP Long for 46 Days. Someone Knows Something

A Hyperliquid wallet has held a large leveraged XRP position for 46 consecutive days. The position hasn’t closed, but has grown instead. Crypto analyst Xaif (@Xaif_Crypto) shared the wallet’s data, revealing the full scale of a trade. He added, “Someone knows something,” as the whale continues to accumulate unrealized profit.

How the Trade Was Built

The wallet holds a $52.68 million XRP long position. Total margin stands at $5.27 million, and open P&L sits at +$13.10 million. The mark price is $1.5038, +33.10% from the average entry of $1.1298. The liquidation price is $0.953087. The wallet’s total account value is $72.81 million, with 72% allocated to open positions.

The trader opened the long on August 19 at an entry price of $1.0685. Three days later, on August 22, the wallet added $24.63 million more at an average entry of $1.2533. That brought the total position to its current size. The wallet has made 603 transactions in total, with 602 of those being additions to this single trade.

46 Days and Counting

The position has been held for 46 days. During the 24-hour period Xaif tracked, the wallet generated over $508,000 in period P&L, a 0.7% gain versus the prior 24 hours. The Sharpe ratio sits at 4.38. The wallet has a 100% long bias with no hedging activity recorded.

This is a single-directional bet opened when many whales shorted positions. The whale held through volatility and has now held across significant price moves.

The Scale of the Profit

The position carries +$13.10 million in unrealized profit. The account shows $0.00 in 30-day realized gains. The trader has not closed anything out. Every dollar of profit remains tied to this one open XRP long. The wallet’s spot holdings add another $20.13 million to the account, bringing total assets to $72.81 million. The trader is not just leveraged long on XRP futures. He also holds XRP in spot.

The wallet made no net deposits. It holds no realized P&L. Every gain in this account traces back to this one XRP long. The trader scaled in as XRP’s price rose and has not exited despite the position running deep into profit. Xaif’s data shows a wallet that has been right on XRP for 46 days and shows no sign of changing course.

Disclaimer: This content is meant to inform and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s opinion. Readers are advised to conduct thorough research before making any investment decisions. Any action taken by the reader is strictly at their own risk. Times Tabloid is not responsible for any financial losses.


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Tobi Loba
Tobi Loba
Tobi Loba is a passionate writer with a vast interest in the stock market. She joined the crypto ecosystem about three years ago and has written lots of ebooks and articles in relation to cryptocurrency and blockchain projects. Tobi Loba earned her degree at the University of Ibadan.
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