Whale Longs BTC Before May Day Holiday, Earns $3.8 Million Unrealized Gains While Lounging During the Break
BlockBeats News, May 6th, according to Hyperinsight monitoring, during the holiday, the market continued to rise. If one opened a leveraged long position on BTC at 10 times the day before Labor Day, today, they may achieve a floating return rate of up to 63%.
On-chain whale with address starting with 0x66f took a long position with 10x leverage the day before the holiday (April 30th), buying 750 BTC worth $60.8 million, hitting this round of gains. Post-holiday, the market strengthened again. The current floating profit has exceeded $3.8 million, making it the largest BTC long position address on the Hyperliquid platform.
Address: 0x66f463866512fc337c89bad2032acbe38ee38836
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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