sumaiya

06/23 17:46

XRP Whale Fights $30 Million Liquidation, Banking

#World Cup Predictions: 100,000 USDT Daily #HTX Invites You to Share 600K USDT in Gift Packs #HTXCommunity4thAnniversary

XRP Whale Fights $30 Million Liquidation, Banking on Historical July Rally A major trader on Hyperliquid risks losing a giant $XRP position worth more than $30 million in one fell swoop. According to data from the analytics platform Onchain Lens, the address "0xf79C...9BbD" opened a long position of 27.9 million $XRP using 20x leverage, while the total value of the open notional position is estimated at $30.9 million. However, because of the high leverage, the liquidation price is set at $0.92. At the moment, the trade is already bringing the investor major losses. The current price of the asset has dropped to around $1.10, causing the floating unrealized loss on $XRP to exceed -$672,000. The situation is worsened by the fact that the trader is also holding another large position — a long Bitcoin position of 809.9 BTC, worth $50.6 million, also with 20x leverage. At the moment, the total weekly loss across the entire portfolio stands at -$3,400,520, while the available free margin on the account has been completely depleted. This leaves the trader without the ability to defend the positions unless new funds are deposited.

BTCUSDT

永续

----%

1Поделиться