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$4M XRP short on Hyperliquid nears liquidation at $1.69, risking major losses despite BTC and ETH gains.

Market News
25 Apr 2026
UToday
View Source
Bearish
pluang ai news

A whale on Hyperliquid holds a nearly $4 million short position on XRP that faces full liquidation if XRP's price hits $1.69. Despite profits in Bitcoin and Ethereum positions, the XRP short is causing a significant loss of over $29,000, threatening the whale's overall portfolio. The short position accounts for over 60% of the portfolio's value, with very limited free margin left, making it difficult to manage or protect the bet. This situation highlights the risks of high leverage and portfolio imbalance in crypto trading.

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