This Whale Held a $52.68M XRP Long for 46 Days. Someone Knows Something

A Hyperliquid wallet has held a large leveraged XRP position for 46 consecutive days. The position hasn’t closed, but has grown instead. He added, “Someone knows something,” as the whale continues to accumulate unrealized profit.

How the Trade Was Built

The wallet holds a $52.68 million XRP long position. Total margin stands at $5.27 million, and open P&L sits at +$13.10 million. The mark price is $1.5038, +33.10% from the average entry of $1.1298. The liquidation price is $0.953087. The wallet’s total account value is $72.81 million, with 72% allocated to open positions.

The trader opened the long on August 19 at an entry price of $1.0685. Three days later, on August 22, the wallet added $24.63 million more at an average entry of $1.2533. That brought the total position to its current size. The wallet has made 603 transactions in total, with 602 of those being additions to this single trade.

🚨 $52.67M XRP LONG
One whale has held a massive XRP long for 46 days.

Unrealized PnL: +$13.10M, Liquidation: $0.9531
They’re still holding.

46 Days and Counting

The position has been held for 46 days. During the 24-hour period Xaif tracked, the wallet generated over $508,000 in period P&L, a 0.7% gain versus the prior 24 hours. The Sharpe ratio sits at 4.38. The wallet has a 100% long bias with no hedging activity recorded.

This is a single-directional bet opened when many whales shorted positions. The whale held through volatility and has now held across significant price moves.

The Scale of the Profit

The position carries +$13.10 million in unrealized profit. The account shows $0.00 in 30-day realized gains. The trader has not closed anything out. Every dollar of profit remains tied to this one open XRP long. The wallet’s spot holdings add another $20.13 million to the account, bringing total assets to $72.81 million. The trader is not just leveraged long on XRP futures. He also holds XRP in spot.

The wallet made no net deposits. It holds no realized P&L. Every gain in this account traces back to this one XRP long. The trader scaled in as XRP’s price rose and has not exited despite the position running deep into profit. Xaif’s data shows a wallet that has been right on XRP for 46 days and shows no sign of changing course.