Digital Currency
Add as a preferred source on GoogleA Monday update valued the open position at $32.35 million and put the account’s cumulative profit at about $142 million.
An update showed a contract account had cut its short position in Hyperliquid (HYPE) by about $3.19 million, leaving $32.35 million in the position at 5:42 a.m. ET (10:42 UTC) Monday. The update’s source was unverified.
It put cumulative profit for the account at about $142 million and identified it with the address 0x7fdafde5cfb5465924316eced2d3715494c517d1.
The $32.35 million figure refers to the open position’s value; the $142 million figure is the account’s cumulative profit.
During the reported hour, short-position liquidations across Binance, Bybit and OKX reached $460,000, compared with $10,000 in long-position liquidations.
Tuesday’s 50,000-token batch came to about $4.2 million. HYPE stood at $84.43 at 6:52 a.m. ET, down 1.54% over 24 hours.
Lookonchain estimated a $6.09 million loss on closed Bitcoin (BTC), Hyperliquid (HYPE) and Zcash (ZEC) longs, with the exits spread across six hours.
