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. Advertisement
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.
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Account "0xf79C...9BbD" overview on Hyperliquid, Source: HyperbotThe 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. Advertisement
This leaves the trader without the ability to defend the positions unless new funds are deposited.Calculation for a July reversalDespite the critical situation, the investor's actions may have a clear statistical basis. According to historical price data from CryptoRank, XRP is currently showing a decline of -17.3%, making this June one of the worst in the coin's history.However, historical statistics show that July has almost always sided with buyers. Over the past 13 years, XRP's average July return has stood at a steady +10.2%, while the median return is +10.8%. Advertisement
Moreover, exactly one year ago, in July 2025, the asset posted a powerful gain of +35%.XRP price action over the year since July 2025, Source: TradingViewApparently, the whale consciously took an extreme risk at the end of June, betting on surviving the local storm and catching the traditional July market reversal. If this plan works and the market recovers by at least the standard historical July median, the current million-dollar losses could turn into a colossal profit. You Might Also Like
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If the median growth of +10.8% materializes, the XRP price would rise from the current $1.10 to around $1.22, potentially bringing the whale a net profit of around $3.32 million.This amount would not only fully cover the current paper loss of -$672,000, but also more than double the trader's initial collateral, or margin, adding about $2.65 million in net profit on top.However, the trader has critically little time left for this triumphant plan to play out. Should the market decline continue in the coming days and XRP reach the $0.92 mark before the start of the next month, the paper position worth more than $30 million will be fully liquidated by the platform, wiping out all deposited margin before the position ever gets the chance to benefit from the historically favorable period.
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