Bitcoin 
Ethereum 
Tether 
XRP 
BNB 
Wrapped SOL 
USDC 
Lido Staked Ether 
TRON 
Dogecoin 
A crypto whale on Hyperliquid is about $3.1 million in profit thanks to two heavily leveraged short bets against Bitcoin and XRP.
💡 DMK Insight
A whale’s $3.1 million profit from shorting Bitcoin and XRP highlights the risks of over-leveraging in a volatile market. With XRP currently at $2.31, this move signals a potential bearish sentiment among large players. If this whale’s strategy gains traction, we could see increased selling pressure on both assets, especially if Bitcoin’s price starts to falter. Traders should keep an eye on key support levels for XRP, particularly around $2.20, as a break below could trigger further downside. Conversely, if XRP holds above this level, it might attract buyers looking for a dip. It’s worth noting that while whales can influence market movements, retail sentiment often diverges, leading to unpredictable price action. Watch for any shifts in trading volume or sentiment indicators to gauge whether this whale’s strategy reflects broader market trends or is an isolated case.
📮 Takeaway
Monitor XRP closely; a drop below $2.20 could signal increased selling pressure, while holding above may attract buyers.
