A new address longs 218.6 BTC at 10x leverage and shorts 5,294 ETH, achieving a hedged profit of approximately $50,000

A new address longs 218.6 BTC at 10x leverage and shorts 5,294 ETH, achieving a hedged profit of approximately $50,000

2025-12-25 10:01View Original

ChainThink message, December 25, according to Lookonchain monitoring, a newly created wallet address (0x89BC) has deposited 4 million USDC into Hyperliquid over the past four days, used for long BTC and short ETH positions, currently realizing a profit of approximately $50,000.


Current position status:


10x leveraged long: 218.6 BTC (~$19.15 million), unrealized loss of $88,000.
10x leveraged short: 5,294 ETH (~$15.59 million), unrealized profit of $139,000.

#ETH

Disclaimer: Contains third-party opinions, does not constitute financial advice

Recommended Reading

Binance will list MegaETH (MEGA) and apply the Seed tag

04-30
Binance will list MegaETH (MEGA) and apply the Seed tag

"Magic" Replenishes with Another $3M in USDC to Remain Long on ETH, Cumulative Losses Reach $31.29M

04-02
"Magic" Replenishes with Another $3M in USDC to Remain Long on ETH, Cumulative Losses Reach $31.29M

a16z Crypto Operating Partner: Wall Street Undergoing Its Largest Infrastructure Upgrade in 30 Years

03-26
a16z Crypto Operating Partner: Wall Street Undergoing Its Largest Infrastructure Upgrade in 30 Years

Two major whale addresses have increased their holdings of $4M HYPE spot today

03-25
Two major whale addresses have increased their holdings of $4M HYPE spot today

A major whale address has leveraged 20x long positions on BTC and ETH within the past hour

03-25
A major whale address has leveraged 20x long positions on BTC and ETH within the past hour

A major whale briefly opens a long position worth $12 million in BTC, marking the 28th "fear-of-missing-out" trade this week

03-25
A major whale briefly opens a long position worth $12 million in BTC, marking the 28th "fear-of-missing-out" trade this week

A certain whale has opened a 40x short position on BTC combined with a 20x long position on crude oil as a "hedge," with both positions currently in loss.

03-25
A certain whale has opened a 40x short position on BTC combined with a 20x long position on crude oil as a "hedge," with both positions currently in loss.