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Hyperliquid Wallet Closes Circle Longs in $22.44 Million of Trades

The wallet had held Hyperliquid’s largest CRCL long position and recorded about $752,000 in realized profit.

Updated 1 min read
An editorial graphic depicts a closed equity-linked contract position on Hyperliquid. / EconoTimes.ai
An editorial graphic depicts a closed equity-linked contract position on Hyperliquid. / EconoTimes.ai

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A wallet on Hyperliquid closed its entire long exposure to Circle (CRCL) contracts on Oct. 16, with $22.44 million in closing trades and about $752,000 in realized profit.

Before the exit, the address, 0x7265…11a5, held the platform’s largest reported CRCL long position, valued at about $22.40 million. That figure reflects the position’s earlier value; the $22.44 million total covers the trades used to close it.

At the time of the update, the CRCL contract was quoted at $85.42, and its trading volume over the previous 24 hours was about $115 million.

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