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Trader Opens 20x XRP Short With 1,795,706 XRP, Position Sits in Profit

An Aster trader holds a 20x XRP short worth about $2.52 million alongside leveraged BTC, ETH, SOL and DOGE shorts, with all trades reportedly in profit

A large trader on Aster has built leveraged short positions across XRP, Bitcoin, Ethereum, Solana and Dogecoin, with all five trades reportedly sitting in profit

The XRP position alone carries a notional value of roughly $2.52 million, making it one of the more notable bets visible on the account

The address, 0xdd6a…c065, showed an account balance of about $3.94 million at the time of the snapshot

Most of that balance sat in USDT, with 3.81 million USDT worth approximately $3.81 million, alongside 181,317 ASTER valued near $129,593

The trader is using 20x leverage on the short positions

The XRP trade is the clearest large position shown on the account

The trader is short 1,795,706 XRP with an entry price of $1.4384. At the time of the screenshot, the position carried a value of approximately $2.52 million

The trade was showing an unrealized profit of $62,311.50, with the platform displaying an ROE of +49.44%

The important figure for this XRP short trade is the 1.8 million-token short position near $1.4384. As long as XRP remains below that entry, the trade retains an unrealized gain

A move back above the entry price would begin eroding that advantage, while a stronger rally would increase pressure on the leveraged position

The same account also holds a 75,000 SOL short, again at 20x leverage

Its entry price is shown at $117.4716, while the position value stood near $8.65 million. Unrealized profit reached approximately $165,212, with an ROE of +38.22%

The trader has also opened leveraged shorts in BTC, ETH, and DOGE

The account is also short 18.633 BTC worth about $1.54 million, 3,596.87 ETH worth $9.24 million, and 47.84 million DOGE worth $4.19 million, all using 20x leverage

At the time of the snapshot, the BTC short was showing an unrealized profit of $4,600.76 with a +5.96% ROE, while the ETH short carried an unrealized profit of $163,952.59 with a +35.48% ROE

The DOGE position remained the strongest performer, showing about $233,461.60 in unrealized profit and a +111.55% ROE

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