According to @lookonchain, trader @qwatio’s XRP short position was partially liquidated again, bringing cumulative losses to over $3.6 million. Source: @lookonchain on X, Sep 30, 2025. The update highlights repeated partial liquidations on this XRP short and confirms the realized loss figure surpassing $3.6 million. Source: @lookonchain on X, Sep 30, 2025.

According to @lookonchain, as the market rebounded, trader @qwatio was partially liquidated and closed short positions on BTC and XRP with a realized loss of $3.4 million. Source: @lookonchain on X, Sep 29, 2025. According to @lookonchain, the trader then reopened a 20x leveraged short on 6.17 million XRP with approximately $17.6 million notional and a stated liquidation price of $2.9155. Source: @lookonchain on X, Sep 29, 2025. According to @lookonchain, the combination of high leverage and a defined liquidation level means any push by XRP toward $2.9155 could trigger forced buybacks and short-squeeze volatility on XRP, a spillover risk crypto traders also watch for BTC during broad market rebounds. Source: @lookonchain on X, Sep 29, 2025.

According to @ai_9684xtpa, a trader known as Insider Bro closed BTC and XRP short positions about two hours ago with a realized loss of $3.405 million, nearly giving back the $3.785 million profit recorded on September 22; source: @ai_9684xtpa on X https://x.com/ai_9684xtpa/status/1972463952463597864. According to @ai_9684xtpa, the trader’s Hyperliquid account still holds roughly $800,000 in margin after closing the prior positions, indicating capacity for further positioning; source: @ai_9684xtpa on X https://x.com/ai_9684xtpa/status/1972463952463597864. According to @ai_9684xtpa and the on-chain tracker, the account reopened an XRP 20x short totaling $17.62 million notional with an entry price of $2.85 on Hyperliquid, highlighting a sizable leveraged bearish exposure in XRP perps; source: @ai_9684xtpa on X https://x.com/ai_9684xtpa/status/1972463952463597864 and Hyperliquid tracker https://hyperbot.network/trader/0x9018960618eFF55F5852e345B7Cb5661fd2928e1. Traders can use the disclosed $2.85 entry as a reference level for intraday risk management when assessing XRP perpetuals liquidity and positioning on Hyperliquid; source: @ai_9684xtpa on X https://x.com/ai_9684xtpa/status/1972463952463597864 and Hyperliquid tracker https://hyperbot.network/trader/0x9018960618eFF55F5852e345B7Cb5661fd2928e1.

According to @EmberCN, prominent trader @qwatio increased his short position by adding 18,000 ETH (valued at $63.28 million) within the past hour, and also expanded shorts in XRP and SOL. Since opening these short positions early yesterday, @qwatio has already realized an unrealized profit of $6.41 million. He is currently holding short positions in BTC, ETH, XRP, and SOL, indicating a strong bearish sentiment across major cryptocurrencies. These substantial positions and profits signal increased volatility and potential downward pressure in the crypto market, especially for ETH, XRP, and SOL. Source: @EmberCN.