XRP News Today: XRP Whale's $4.12M Liquidation Amid 20x Leverage as Price Falls Below $3.18

A significant XRP long position faced a $4.12 million partial liquidation on July 28, 2025, as the cryptocurrency’s price dipped below $3.18, triggering forced exits on a 20x leveraged position. Despite the losses, the whale wallet retained 593 million XRP, valued near $19 million, indicating a high-stakes strategy to maintain exposure amid volatile swings. Transaction data revealed aggressive re-entry activity, with the whale increasing its position by over 1.4 million XRP during the same period, even as prices declined [1].

The liquidation event highlights the risks of leveraged trading in crypto markets. Over $45.8 million in long positions were liquidated globally in the past hour, with XRP accounting for the lion’s share at $4.12 million. Short positions, in contrast, saw minimal closures of $29,660, underscoring the bearish pressure on long traders. The whale’s 20x leverage amplified both potential gains and losses, leaving the position vulnerable to further price fluctuations. Fees alone exceeded $29,000, compounding the losses incurred [1].

The whale’s behavior suggests a calculated approach to capitalizing on short-term volatility. Data from Hyperliquid showed multiple adjustments to exposure within minutes, with the wallet buying and selling XRP between $3.19 and $3.40. This rapid repositioning, coupled with increased exposure during price declines, reflects a high-risk tolerance. Analysts note that such strategies often rely on expectations of rebounds, though the narrow margin for error—liquidation is now likely if prices fall below $3.108—underscores the precariousness of the position [1].

XRP’s broader market context adds to the complexity. While Bitcoin saw a minor 1.8% drop to $116,000, XRP declined 12% for the week, outpacing Bitcoin’s decline. This divergence highlights sector-specific challenges, though adoption metrics remain robust, with 7,500 new addresses added daily. Whale movements, particularly large transfers like the 16.8 million XRP shift to Coinbase reported earlier in July, can act as liquidity triggers in lower-volume markets. However, the persistence of the whale’s position amid liquidation suggests either confidence in XRP’s long-term value or a strategic rebalancing [1].

The event underscores the fragility of leveraged positions in volatile markets. The whale’s $4.12 million liquidation represents a fraction of the $53.4 million transferred to Coinbase in early July, implying the entity may still hold leverage or sufficient reserves to manage losses. This interplay between whale activity and broader sentiment remains critical for XRP’s trajectory, as traders balance short-term risks with long-term adoption potential. Investors are advised to monitor upcoming price action, particularly as XRP approaches key levels near $3.108, where further liquidations could intensify market volatility [1].

Source:

[1] [XRP Whale Faces $4M Liquidation Amid Volatile Price Action](https://en.coinotag.com/xrp-whale-faces-4-million-liquidation-but-maintains-large-position-amid-volatile-price-action/)

[2] [XRP Dip XRP dropped 12% this week while Bitcoin fell ~](https://www.facebook.com/groups/816767230414598/posts/1137****08302827/)