Hyperliquid whale buys back 450,000 XRP, closing short at $1.44
- —Short reduced from 2.42 million to 1.96 million XRP in four orders near $1.44
- —The position was closed with a realized loss on margin
- —XRP held above its 200-day average after rebounding from $0.90 to $1.65
- —The daily oscillator cooled to a neutral 53 while the price held
Why it matters: Forced short closures could trigger a chain reaction and accelerate XRP's rise toward $1.60-$1.65.
Source: U.Today