Crypto commentator Xaif (@Xaif_Crypto) has drawn attention to a Hyperliquid wallet taking a significant short position on XRP. The wallet opened a massive short position on XRP at $1.5147 wit
Crypto commentator Xaif (@Xaif_Crypto) has drawn attention to a Hyperliquid wallet taking a significant short position on XRP. The wallet opened a massive short position on XRP at $1.5147 with 5x leverage. Shortly after, the trader added $1.36 million more.
Xaif suggested that the investor is a liquidation hunter. The total position now sits at $2.18 million notional with $436.4K in margin. The liquidation price is $1.7760. The wallet is 100% short-biased with no open long positions.
The short opened on Aug 23 at 11:07 PM at an entry of $1.5157, with the addition bringing the average entry to $1.5140. At the time of the video, the mark price was $1.5062, putting the position slightly in profit.
Someone's betting BIG against $XRP right now
$2.18M short position, 5x leverage, entry at $1.5147
This wallet has a 70% win rate and just added $1.36M more to the short 11 minutes ago.
liquidation hunters?
https://t.co/LIzThco1vLpic.twitter.com/lXQEeNU6qa
— Xaif Crypto (@Xaif_Crypto) August 23, 2026
This is not a random wallet. It holds a 70% win rate across 92 transactions, a Sharpe ratio of 1.62, and a profit factor of 5.98. The wallet averaged +$9.6K daily P&L over the past 30 days, realizing +$28.9K in that period. Its best day was Aug 20 at +$17.0K. Its worst was Aug 23 at -$3.3K.
The largest single XRP win on record for this wallet was +$15.1K. The largest loss was -$5.7K. The trader executes an average of 3.0 trades per day.
XRP had a sharp week. The token bottomed near $0.9862 before surging over 50% to about $1.51. The rally drew fuel from multiple sources. The US Treasury announced on Aug 19 that it would double its long-term bond buyback operations from $2 billion to at least $4 billion per operation, effective Sep 9. That pushed the 30-year yield down from a 19-year high of 5.337% and lifted risk appetite across crypto markets.
XRP led the altcoin rally. Spot XRP ETFs recorded $39.78 million in net inflows for the week ending Aug 21, their strongest week since May 2026. A White House crypto summit attended by Ripple’s CEO added further momentum.
We are on X, follow us to connect with us :- @TimesTabloid1
— TimesTabloid (@TimesTabloid1) June 15, 2025
One commenter already noted that the trader is at a loss as XRP is trading above the entry price. The current short liquidation position is set at $1.7760. Another market participant stated that the trader would regret shorting XRP. Any move toward that level puts significant pressure on the trader.
The wallet’s track record demands attention. Whether the short pays off depends on whether XRP holds above $1.50 or gives back more of its gains.
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.
Follow us on X, Facebook, Telegram, and Google News
The post Someone’s Betting Big Against XRP Right Now appeared first on Times Tabloid.
