In a dramatic turn of events, an XRP whale known as AntiCZ narrowly avoided a massive liquidation on January 30, 2026, as the cryptocurrency market experienced a sharp downturn. Based on the data provided in the document, the incident highlights the volatility and risks associated with high-leverage trading in the crypto space.
Price Plummet and Unrealized Profits at Risk
On the fateful day, the price of XRP plummeted to a concerning low of 166, putting AntiCZ's substantial unrealized profits of 61 million at risk. To mitigate the impending liquidation of 34 million, the whale opted to partially liquidate its holdings in both XRP and Ethereum, which provided some relief from margin pressure but still left the trader facing significant losses.
Current Account Status and Leverage Ratio
As of now, AntiCZ's account stands at 24 million, with an alarming leverage ratio of 2458x. This precarious position forces the whale to make critical decisions regarding its trading strategy moving forward as the market remains unpredictable and fraught with potential pitfalls.
Despite the recent turmoil in the cryptocurrency market, XRP has shown resilience against Bitcoin, maintaining crucial support levels. This contrasts with the challenges faced by XRP whale AntiCZ, who narrowly avoided liquidation. For more details, see XRP supercycle.
