A vocal XRP critic and crypto trader has secured an over 1,300% profit from his short XRP trade amid the ongoing downtrend.
Notably, the XRP price has continued to underperform since dropping from the July peak of around $3.66, down 49% within this period, as it drops below the crucial $2 support to trade for $1.87 at press time. Since the July peak, XRP has lost over $103 billion in market cap, now settling as the fifth-largest crypto asset.
Critic Secures 1,366% Profit from XRP Short
Amid these price struggles, some bearish traders appear to have taken advantage to secure massive gains by betting against an XRP recovery push. This comes as bullish investors step away from the market, awaiting a rebound effort to take prices toward previous highs.
One of these bearish traders, a market commentator with the pseudonym BullNakedCrypto, revealed recently that his bet has paid off. Specifically, the trader confirmed that, with the XRP collapse to the $1.81 low sometime yesterday, his months-long short XRP position produced a massive 1,366% profit with a 50x leverage.
BullNakedCrypto chose not to disclose his position size, which could have provided insights into how much the 1,366% gain yielded. For perspective, if he opened the trade with a $1,000 capital, his final value would amount to $13,660, bringing in profits of $12,660, barring other trade expenses.
“Thanks XRP retards,” the market commentator said, indicating that his trade choice was not solely based on market indications but also his antagonism toward XRP community members and XRP itself, which he has persistently called out for what he believes is massive underperformance.
Product of a Broader Market Downturn
However, it is important to note that XRP’s bearish performance is not a result of any unique weakness from the asset but the product of a broader market decline. While he failed to mention when he opened the trade, data from his snapshot shows the entry price at $2.50. Notably, the last time XRP saw this price was on Nov. 13, 2025.
If BullNakedCrypto opened his trade then, similar gains would have emerged even if he chose another asset, confirming that the profit was not due to XRP’s inherent weakness. For instance, if the trader had opened a SOL short position instead, he would have witnessed a 1,200% gain with the 50x leverage, considering Solana’s 24% drop within this period.
Over a broader timeframe, XRP appears to have held up better than most. Specifically, Solana has collapsed 34% year-to-date, while Ethereum (ETH) has dropped 11.41% within the same period. Meanwhile, XRP has witnessed a 10.4% decline. Despite this, BullNakedCrypto has persistently criticized XRP price performance, once erroneously suggesting that the token has dropped 50% this year.
DisClamier: This content is informational and should not be considered financial advice. The views expressed in this article may include the author's personal opinions and do not reflect The Crypto Basic opinion. Readers are encouraged to do thorough research before making any investment decisions. The Crypto Basic is not responsible for any financial losses.
