Trader Shorts XRP for 1,366% Gain as Price Falls Below $2
A crypto trader using the handle BullNakedCrypto reported a 1,366% profit from a months-long short on XRP, executed with 50x leverage, after XRP fell to about $1.81 during a broader market downturn. XRP has declined from its July peak near $3.66 and traded around $1.87 at the time of reporting, losing roughly $103 billion in market cap and ranking fifth by market capitalization. The trader did not disclose position size; a reported entry shown in his snapshot was about $2.50 (last seen on Nov. 13, 2025). Analysts note the gain largely reflects broad market weakness rather than unique XRP failure — similar leveraged shorts on assets like SOL would have also produced outsized returns. Year-to-date, XRP has declined about 10.4%, underperforming some peers but outperforming others (Solana down more, Ethereum down ~11%). The post included provocative commentary from the trader; the article reminds readers this is informational and not financial advice.
Bearish
The reported event — a large leveraged short yielding 1,366% — underscores prevailing bearish momentum for XRP and broader crypto markets. Short profits of this scale typically come during sharp price declines and reflect strong selling pressure, reduced bullish participation, and higher liquidation risk for leveraged long holders. The trader’s 50x position and the fall below key support near $2 signal elevated volatility and the potential for continued downside in the short term as stop-loss cascades and sentiment weakens. Historically, similar large short wins (and large long liquidations) coincide with further short-term price weakness until buyers step in at perceived value levels. In the medium to long term, fundamentals and macro factors (regulatory news, token-specific developments, institutional flows) will determine recovery; the article suggests the gain was driven more by market-wide weakness than by unique XRP fundamentals, implying price may recover alongside market-wide rebounds. For traders: risk is high — expect amplified moves, prioritize risk management (smaller size, defined stops), and monitor macro cues that could flip sentiment.