A whale closed its short position on ASTER at breakeven short 3x leverage, now holding the largest long position in ETH and XRP on Hyperliquid.

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TL;DR

A whale closed its $44M short position on ASTER at breakeven, erasing $8.1M in peak profits. It now holds the largest long positions in ETH and XRP on Hyperliquid, totaling $273M with a small unrealized loss.

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HyperliquidDecentralized Exchange (DEX) TokenDerivativesDeFiwhaleASTERETHXRP
According to Mars Finance, on November 17th, HyperInsight monitoring showed that in the past 9 hours, the "3x short ASTER"whale(0x9ee), which had previously bought ASTER on CZ and then significantly increased its short position, closed its position at breakeven at an average holding price of $1.2. The previous position size was approximately $44 million, with a floating profit of $8.1 million at its peak. All profits have now been given back. According to further monitoring, this address made a large-scale buy the dips purchase of ETH on November 14th and has continued to increase its holdings recently. It is currently the largest long position holder of both ETH and XRP on Hyperliquid, with a total holding size of $273 million. Overall, it has a small unrealized loss of $5.3 million. Its current main holdings are: ETH long positions with a size of $184 million, an average price of $3,228, and an unrealized loss of $3.4 million; and XRP long positions with a size of $88.73 million, an average price of $2.30, and an unrealized loss of $1.72 million.

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