This trader made over $9 million betting on XRP and other tokens after April’s dip

By: bitcoin ethereum news|2025/05/04 20:00:02
0
Share
copy
One trader made significant profits on Hyperliquid by betting on the price of cryptocurrencies after the dip in early April. Smart money on-chain tracker Lookonchain has spotlighted the whale, identified as 0x15b325660. According to Lookonchain, the trader opened long positions on Ethereum, Solana, Bitcoin, Litecoin, XRP, LINK, AVAX, HYPE, and ENS, using between 25x and 3x leverage at a time when the tokens were significantly down due to retaliatory tariffs announced by President Donald Trump. The bet has now earned the trader more than $9 million in unrealized profits from the trades. With the trader committing millions to the position across nine tokens, the massive profits match the size of the initial investments. Most of the profits come from the 50,000 SOL long when the token dropped to $107. With the token now worth over $150, the trader has almost $2 million in unrealized gains. A similar position with 5,000 ETH long when Ether was trading at $1,515.80 has yielded $1.5 million, while the Bitcoin long trade with 70.82 BTC has led to $1.27 million in profits. All other long positions have also generated profits, varying from over $870,000 for HYPE to around $180,000 for AVAX. Interestingly, the whale did not just make profits on the perps positions; they also bought 309 BTC for $24.68 million when it was trading at $79,792 and now have $5 million in unrealized profits. Trump’s walk-back on tariffs triggered a massive rise in crypto prices Meanwhile, the massive profits highlight the strong conviction of whales during the market uncertainty in April. President Trump’s announcement of tariffs on April 2 and the counter-tariffs it triggered caused a massive decline in the value of most crypto assets, with Bitcoin crashing to $76,000 and Ether dropping as low as $1,400. While this triggered sell-offs by some investors and reignited debates about the ability of Bitcoin to serve as a hedge against inflation and market uncertainty, the whale was confident in the price rebound and bet on it. Trump’s decision to pause the retaliatory tariffs played a big role in the rebound. With the stock market crashing, many of the biggest indexes seeing their biggest declines in decades, and the threat of recession in the air, the pause was almost inevitable. Since the suspension of tariffs for all countries except China, the crypto market has been enjoying a positive performance. Bitcoin is up 13% in the last 30 days, XRP gained 4.24%, while SOL saw the most gains, with a 21.82% rise in its value. Despite these gains, most crypto assets are still trading below their price at the start of the year. Of all the top ten cryptocurrencies by market cap, only Bitcoin has a positive year-to-date performance, with a 1.18% gain. Every other asset is down, with ETH and DOGE having the biggest drop, above 40%. Bitcoin struggles to go past $96k Meanwhile, Bitcoin has been stuck in the $94,000 to $96,000 range for over two weeks now since its rebound. The flagship asset has been struggling to break through the $96,000 barrier, with any surge above that level usually followed by a decline to the $95,000 range. According to Intotheblock data, the BTC support level is at $96,160, and its resistance level is $98,290. Thus, any major move would require it to break through this range. However, technical analyst Ali Martinez identified $93,460 as the key level for BTC based on the short-term holder cost basis and believes it could plunge if it falls below that level. He said: “$93,460 is a pivotal level for #Bitcoin $BTC. Holding above it could fuel a move to $132,330, but losing it may trigger a correction toward $72,420.” So far, there are no signs of any major potential dips, even though the asset lost 0.78% of its value today after dropping from above $96,000 to $95,366. Martinez noted that BTC is already trading in overbought territory and saw almost one million active addresses on May 3, its highest in six months. Cryptopolitan Academy: Coming Soon – A New Way to Earn Passive Income with DeFi in 2025. Learn More Source: https://www.cryptopolitan.com/trader-made-9-million-on-xrp-and-others/

You may also like

22x Subsidy to 1 USD Revenue: How Long Can the TAO Growth Myth Last?

When the Subsidy Cliff Hits, What Will Happen to TAO's Valuation?

Use the Claude Wisely, One Piece is Enough

From Environment Setup to Real-world Use Cases, Claude2026 Update: The Ultimate Checklist

Netflix is Set to Bring FTX's Story to the Screen: Portraying History or Glamorizing a Scam?

Produced by the Obama's, with an Oscar-winning screenwriter and Terminator director on board, this Netflix project is set to be a surefire hit.

People unable to buy Anthropic have driven its shadow stock up 16x

It's not the shadow that's expensive, it's the feeling of being locked out.

LALIGA Match Report: Vinícius scores as 10-man Real Madrid secure a 3-2 comeback victory in Madrid derby

In the early hours of March 23, 2026, Round 29 of LALIGA delivered a headline clash at the Santiago Bernabéu. Real Madrid hosted their local rivals, Atlético de Madrid, in a high-stakes encounter. Under referee José Munuera, the match unfolded at a fierce pace, packed with physical duels and momentum swings. After a five-goal thriller, Real Madrid held firm for a 3–2 home win, taking all three points. They remain second on 69 points, now four behind leaders Barcelona.

From a numbers standpoint, Real Madrid stayed composed under pressure, completing 526 passes with a 52.4% share of possession. Atlético struck first in the 33rd minute through Lookman. After the break, Real Madrid flipped the game: Vinícius converted a penalty to level, then Valverde fired them ahead. Molina pulled Atlético back on level terms, but Vinícius stepped up again in the 72nd minute to seal the win. Late drama followed as Valverde saw red, forcing Real Madrid to defend deep with ten men through the final stretch. Atlético's aggressive approach—12 fouls and 4 yellow cards—kept the pressure on, but they couldn’t stop the comeback.

WEEX Insights: As the official LALIGA partner in the Hong Kong and Taiwan regions, WEEX sees this win as a masterclass in control under pressure. Even after a red card and constant attacks, Real Madrid stayed sharp and executed with precision. That same discipline—staying calm in volatile moments and acting with clarity—reflects the core trading mindset WEEX stands for. LALIGA fan campaigns are coming soon—celebrate the game with WEEX.

About WEEX

Founded in 2018, WEEX has developed into a global crypto exchange with over 6.2 million users across more than 150 countries. The platform emphasizes security, liquidity, and usability, providing over 1,200 spot trading pairs and offering up to 400x leverage in crypto futures trading. In addition to the traditional spot and derivatives markets, WEEX is expanding rapidly in the AI era — delivering real-time AI news, empowering users with AI trading tools, and exploring innovative trade-to-earn models that make intelligent trading more accessible to everyone. Its 1,000 BTC Protection Fund further strengthens asset safety and transparency, while features such as copy trading and advanced trading tools allow users to follow professional traders and experience a more efficient, intelligent trading journey.

Follow WEEX on social media

X: @WEEX_Official 

Instagram: @WEEX Exchange

 Tiktok: @weex_global 

Youtube: @WEEX_Official 

Discord: WEEX Community 

Telegram: WeexGlobalGroup

LALIGA Match Report: Araujo seals 1–0 win as Barça tighten grip on top spot

In the early hours of March 22 (Beijing Time), Barça edged Rayo Vallecano 1–0 at Camp Nou in a key Round 29 clash. The hard-earned win lifts Barça to 73 points, strengthening their hold on first place.

Barça controlled the game with 61% possession and a sharp 89% passing accuracy (460 passes). Rayo pushed back with intensity, earning 9 corners, but Barça's defense stayed solid. Yellow cards for Raphinha, Yamal, and Cubarsí highlighted the physical edge of the match. Second-half subs like Rashford and Olmo added fresh energy to help see out the result. Rayo remain 14th on 32 points.

WEEX Insights: As the Official LALIGA Partner in HK & TW, WEEX sees Barça’s 89% passing accuracy as a clear example of high execution with minimal error. Staying precise under pressure and finding the breakthrough reflects the same disciplined approach used in rational trading.

LALIGA interactive campaigns are coming soon—stay tuned with WEEX ⚽️

About WEEX

Founded in 2018, WEEX has developed into a global crypto exchange with over 6.2 million users across more than 150 countries. The platform emphasizes security, liquidity, and usability, providing over 1,200 spot trading pairs and offering up to 400x leverage in crypto futures trading. In addition to the traditional spot and derivatives markets, WEEX is expanding rapidly in the AI era — delivering real-time AI news, empowering users with AI trading tools, and exploring innovative trade-to-earn models that make intelligent trading more accessible to everyone. Its 1,000 BTC Protection Fund further strengthens asset safety and transparency, while features such as copy trading and advanced trading tools allow users to follow professional traders and experience a more efficient, intelligent trading journey.

Follow WEEX on social media

X: @WEEX_Official

 Instagram: @WEEX Exchange 

Tiktok: @weex_global 

Youtube: @WEEX_Official 

Discord: WEEX Community 

Telegram: WeexGlobalGroup

Popular coins

Latest Crypto News

Read more