BTC $82,532.00 ▼ 1.00% ETH $2,539.38 ▼ 0.80% BNB $760.30 ▼ 0.86% XRP $1.40 ▼ 2.67% SOL $112.65 ▼ 2.98% TRX $0.3347 ▲ 0.17% FIGR_HELOC $1.02 ▼ 1.78% ZEC $1,219.61 ▼ 7.37% HYPE $85.76 ▼ 3.52% DOGE $0.0871 ▼ 1.60% XMR $552.44 ▲ 0.13% WBT $82.00 ▼ 1.07% LINK $12.98 ▼ 2.78% ADA $0.2482 ▼ 1.96%
64 Greed

Trader holds leveraged shorts across XRP, BTC, ETH, SOL and DOGE

Trader holds leveraged shorts across XRP, BTC, ETH, SOL and DOGE Image: U.Today
Image via U.Today.

A trader on Aster DEX holds leveraged short positions across XRP, BTC, ETH, SOL and DOGE, with all five reported in profit. Ethereum carries the largest notional value and Dogecoin the largest unrealized gain in both snapshots. The XRP short totals 1,795,706 tokens, with an entry price of $1.4384 and an unrealized profit of $62,311.50.

Key points

  1. A trader on Aster DEX holds leveraged short positions in XRP, BTC, ETH, SOL and DOGE.
  2. All five short positions were reported in profit at the time of the snapshots.
  3. Ethereum carries the largest notional short value of the five positions in both reports.
  4. Dogecoin shows the largest unrealized gain of the five positions in both reports.

Why it matters

The positions show how concentrated leveraged short exposure can sit on a single derivatives account. Adverse price moves would erode the reported unrealized profits or pressure the leveraged positions, according to both reports.

What's unclear

The reports give different token amounts and dollar values for the Ethereum, Solana, Bitcoin and Dogecoin shorts.
Neither report states the exact date or time of the position snapshots.

Price context · XRP

At publication
$1.39
Now
$1.40
Change since
+0.72%
7 days · dashed line = publication

Sources · 2 publishers

The Crypto Basic Tier 2 First report
Trader Opens 20x XRP Short With 1,795,706 XRP, Position Sits in Profit
U.Today Tier 2
20x Bitcoin (BTC), Ethereum (ETH) and XRP Shorts Are Open: Investors Aim for Bloodbath

Coverage timeline

  1. First reported by The Crypto Basic
  2. Confirmed by U.Today
  3. CryptoVideos brief published
How this brief was made. Our system found this event in 2 independent publications, summarised two complete reports with AI and checked every number above against the source text. Sources are linked in full. Not financial advice. Report an error

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