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An Early Bitcoin Holder Deposits 300 BTC on Hyperliquid to Trade ETH, Realizing $84 Million in Unrealized Gains in Three Days

An Early Bitcoin Holder Deposits 300 BTC on Hyperliquid to Trade ETH, Realizing $84 Million in Unrealized Gains in Three Days

ForesightNewsForesightNews2025/08/22 17:32
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Foresight News reports, according to monitoring by Lookonchain, an early Bitcoin player recently deposited 300 BTC (approximately $34.78 million) into Hyperliquid to trade ETH. Within just three days, this address has gained an unrealized profit of $84 million: holding a long position of 135,265 ETH (about $581 million) at an average price of $4,295, with an unrealized profit of $49 million; and purchasing 100,979 ETH (about $435 million) in spot at an average price of $4,309, with an unrealized profit of $35 million.

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