Data: A major BTC and ETH whale has already cut losses and exited; last night, the notional value of long positions was nearly $50 million.
According to ChainCatcher, monitored by HyperInsight, in the past hour, the whale with address starting 0x960 has fully closed all its 15x leveraged BTC and ETH long positions and exited the market. The ETH position was closed at $4,109, and the BTC position was closed at $113,900, resulting in a total realized loss of approximately $1.06 million. After closing the positions, the whale has transferred the funds to a spot account to preserve capital.
It is reported that in the past 16 hours, this address first deposited 3.72 million USDC into Hyperliquid, then established a BTC long position with a notional value of $27.7 million and an ETH long position with a notional value of $20.3 million, both with 15x leverage.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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