Hyperliquid whale keeps 35 million XRP long despite market slump
AI summary
A large Hyperliquid whale is holding a $44 million long position in XRP and refusing to sell 35 million XRP even as the broader market slumps. The story comes alongside $398 million in outflows from US ETFs and continued withdrawals from Binance. Traders will watch whether this concentrated conviction holds or unwinds, since a forced exit of that size could add selling pressure on XRP.
