HyperLiquid: Trader Opens $2.9M XRP Short
HyperLiquid sees new wallet deposit $630K USDC to open 2.9M XRP short at 10x leverage amid XRP price at $1.06.
SourceAnalysis
HyperLiquid recorded a fresh wallet deposit $630K USDC that opened a 2.9M XRP short at 10x leverage.
Price sits at $1.06 inside Bollinger Bands with upper resistance at $1.11 and lower support at $1.01 while EMA50 at $1.1 and EMA200 at $1.2 define the bearish structure; RSI at 45.32 stays neutral and MACD shows a bullish golden cross at -0.02, suggesting any push toward the upper band will likely meet resistance before a retracement tests the 50-EMA support. This leveraged short adds to recent XRP futures open interest data and sharpens focus on XRP price prediction models for the next sessions.
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