XRP Crash Pushes 0x9ee Whale Toward $34.5 Million Liquidation as Leverage Bites

On-chain whale wallet 0x9ee, once sitting on $61 million in unrealized gains, has seen its PnL swing to a loss of $13.46 million as XRP and ETH leveraged longs come under severe pressure. With an XRP entry at $2.29 and ETH bought at $3,190.28, both positions are now deep in the red, account collateral is fully consumed, and liquidation thresholds around $1.66 for XRP and $2,632 for ETH are looming. The wallet's leverage of 24.58x and ROE near -288% leave the trader facing a critical choice between adding margin or exiting before forced liquidation.