XRP Whale Risks $30 Million Liquidation on Hyperliquid

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Summary · why it matters

A major trader on Hyperliquid is at risk of losing a giant XRP long position worth more than $30 million. The address "0xf79C...9BbD" opened a long position of 27.9 million XRP using 20x leverage, with the total open notional value estimated at $30.9 million, according to data from analytics platform Onchain Lens.

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A whale's large leveraged long position on XRP faces potential liquidation, which could trigger forced selling and downward price pressure.

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