- Traders have opened up a $154 million XRP short with high lipids, already facing sudden losses.
- The XRP slipped to $2.70 and hit a monthly low before a slight recovery.
High-stakes movements were recreated with high lipids after traders known for their large positions opened fresh shorts against Bitcoin (BTC) and XRP. On-chain data shows that wallet “0x9018” will soon be deployed into leveraged bets after returning to exchange at 4.22 million USDC.
Gambler @Qwatio created a new wallet “0x9018” and returned to #HyperLiquid with 4.22m$USDC.
He reduced $1,366.67 ($150M) with 40x leverage and 2.78m $XRP ($7.7 million) with 20x leverage, resulting in more than $1.2 million.
Liquidation Price: $BTC: $110,280 $XRP: $3.0665…pic.twitter.com/kbnn9yz3ty
– lookonchain (@lookonchain) September 26, 2025
According to tracking platform LookonChain, traders shorten 1,366.67 BTC (around $150 million concept) with 40x leverage and line up at 2.78 million XRP (around $7.7 million) with 20x leverage. The XRP position alone has over $154 million exposure, making it one of the biggest active shorts for assets.
The average entrance price for the XRP Short was around $2.71, with liquidation at $3.0665. If XRP gathers towards this level, traders risk losing millions on collateral, amplifying pressure around this high-risk position. Analysts increasingly point to potential breakouts in XRP price action. Like before It has been reportedXRP has entered a rare compression phase, but historically, such phases are followed by an explosive upward movement.
Already, the wallet is reportedly facing more than $1.2 million in losses. This is the result of this aggressive leverage volatility. Market observers claim that XRP is where squeeze potential is the most serious. This is because only a 13% upward movement can cause cascade liquidation.
XRP Recent Market Performance
The bold bet comes against the backdrop of growing XRP volatility. The tokens surged to $3.70 in August before being raised to $2.70 in September, but held strong profits compared to the beginning of the year.
Yesterday, the XRP fell to $2.70. This is low weekly and monthly. However, the assets have recovered slightly to around $2.80.
Over the past 30 days, tokens have recorded a decline of around 7.91%. At the beginning of September, XRP reached $3.01 a month at Rose, reaching $3.18 a month in the middle of the month, then returned to the $2.70-2.80 range. This fix coincides with continued speculation regarding the XRP Exchange-Traded Fund (ETF), with BlackRock’s digital assets chief recently clarifying the hurdles facing such products. As reported by CNF.
