Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesEarnSquareMore
Hyperliquid whale sees profit fall from $100M to $38.4M as ETH and XRP longs sink

Hyperliquid whale sees profit fall from $100M to $38.4M as ETH and XRP longs sink

Cryptobriefing2025/11/21 21:09
By:Cryptobriefing

Key Takeaways

  • Hyperliquid whale who neared $100 million in profit now sits at $38.4 million after ETH and XRP reversal.
  • Both assets have declined more than 18% in 10 days, erasing $61 million in profit and reversing the trader’s previous gains.

A prominent Hyperliquid trader has seen profits fall to $38.4 million today, down from nearly $100 million ten days ago, as long positions in Ethereum and XRP came under pressure during the recent market downturn, according to a post on X from on-chain tracker Lookonchain.

The decline coincides with a pullback in major digital assets. Ethereum has dropped from $3,400 to about $2,800 during the same period. The trader opened a long position at $3,200, leaving the trade significantly underwater.

XRP has followed a similar trajectory, falling from $2.5 to just under $1.96 at press time. The trader entered the XRP long at $2.3, adding further losses as both assets registered declines of more than 18% across ten days.

The rapid drop erased more than $61 million in profit and highlights the risks of oversized directional positions on Hyperliquid. The trader remains up overall but is now far from earlier highs as the market continues to unwind recent gains.

0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

PoolX: Earn new token airdrops
Lock your assets and earn 10%+ APR
Lock now!

You may also like

PENGU Price Forecast: Could This Signal the Beginning of a Fresh Market Cycle?

- Pudgy Penguins (PENGU) surged to $0.0316 in Q4 2025 driven by the Pudgy Party game's NFT utility and institutional inflows. - Technical analysis highlights $0.045 as a critical breakout level, with bullish indicators like TD Sequential and MACD signaling momentum. - Regulatory risks persist due to USDT dependency and exposure to U.S. GENIUS Act/EU MiCA, complicating long-term valuation clarity. - Whale accumulation and 33% trading volume surge suggest strategic positioning, though Bitcoin volatility and

Bitget-RWA2025/11/22 04:10

Astar (ASTR) Price Rally: On-Chain Usage and Institutional Engagement Fuel Lasting Expansion

- Astar (ASTR) surged 40% in late 2025 driven by on-chain adoption and institutional investments. - Q3 2025 saw 20% growth in active wallets and $2.38M TVL, supported by Agile Coretime upgrades and 150,000 TPS cross-chain infrastructure. - A $3.16M institutional investment and Astar 2.0's EVM compatibility highlight its multichain infrastructure vision and technical maturity. - Strategic partnerships with Animoca Brands and Sony Soneium, plus Chainlink CCIP integration, strengthen Astar's interoperability

Bitget-RWA2025/11/22 02:06