Summary
- A whale that recorded a 100% win rate over the past 10 days is reported to have opened $274 million worth of Bitcoin (BTC)·Ethereum (ETH) long positions on a large scale.
- The whale took positions of $144 million in BTC and $130 million in ETH on the Hyperliquid exchange, and leverage was kept at 10x or below.
- The market noted that this large investor's move could affect short-term price volatility.
A trading whale that recorded a 100% win rate over the past 10 days has reportedly opened large-scale long positions in Bitcoin (BTC) and Ethereum (ETH).
On the 24th (local time), AmberCN reported that the whale opened a total of $274 million worth of BTC·ETH long positions on the Hyperliquid exchange. The BTC position amounted to $144 million, and the ETH position amounted to $130 million.
AmberCN said, "Over the past 10 days, this whale made approximately $12.5 million in profits through 14 long and short trades, and leverage was kept at 10x or below."
The market is watching whether this trade will act as a short-term bullish signal. With both BTC and ETH recently showing a recovery in liquidity, some observers say the position direction of a large investor could amplify short-term price volatility.
JH Kim
reporter1@bloomingbit.ioHi, I'm a Bloomingbit reporter, bringing you the latest cryptocurrency news.
