A whale on Hyperliquid preemptively bought UNI, and its current floating return exceeds 50%.
AI Summary1 min read
TL;DR
A whale on Hyperliquid made over 50% profit on UNI after Binance added it to a dual-currency program, opening leveraged long positions. The largest short seller also cut positions by 30% with high profits.
Tags
UniswapGovernanceAMMDecentralized Exchange (DEX) TokenUNIHyperliquidwhaleBinanceleverage
According to Mars Finance, on December 18th, HyperInsight monitoring suggests that UNI may have surged by 10% due to the addition of UNI to Binance's dual-currency investment program, currently trading at $5.28. A whale on Hyperliquid, with the address starting with 0x413c, has a floating profit exceeding 50%, currently holding approximately $1.18 million at an average price of $4.99. This address opened a new 10x leveraged long position in UNI at midnight yesterday and continued to add to it as of four hours ago. Furthermore, monitoring shows that the largest UNI short seller, "Shanzhai Air Force Head," also significantly reduced its short positions by over 30% at 1 PM yesterday, currently holding approximately $3.38 million with a floating profit of $1.39 million (410%).