A whale made a profit of $9.9 million after selling 255 BTC on Hyperliquid with a 62% win rate.
AI Summary1 min read
TL;DR
A whale sold 255 BTC for $21.77M on Hyperliquid, made $9.9M profit with a 62% win rate in 22 days, and now holds $310M in long positions with a $1.4M loss.
Tags
HyperliquidDerivativesDecentralized Exchange (DEX) TokenBitcoinLayer 1Ethereumwhaletradingprofit
According to Mars Finance, on-chain analyst Yu Jin monitored that whale 0x94d...814 transferred 255 BTC ($21.77 million) to Hyperliquid 22 days ago and sold them at $85,378. He then used these funds to place high-frequency trades over the past 22 days, achieving a 62% win rate on 69 trades and profiting $9.9 million. In the last two days, this whale long, currently holding long positions worth a total of $310 million, with a floating loss of $1.4 million: 1,699 BTC ($154 million), opening price $90,801; 33,000 ETH ($102 million), opening price $3,099; 336,000 SOL ($45.83 million), opening price $138.6; and 3,777,000 XRP ($7.91 million), opening price $2.13. The target of this whale 'long is basically the same as that of the whale that currently holds $230 million in long positions with a total value of $788 million, with the total value of the long positions reaching $1.1 billion, accounting for one-third of all long positions on Hyperliquid.