I just noticed an interesting signal on the chain from Hyperliquid - this derivatives exchange. A large whale just took partial profit by selling off 1,050 BTC and 6,000 ETH within the last half hour, making about $7.76 million as BTC and ETH surged today.



But the interesting part is that this whale still holds 114,000 ETH on Hyperliquid, which is about $272 million. Its unrealized profit is currently at $34.4 million. Looking at these numbers, it seems like it’s quite confident in the market. Could this be a positive sign for those still holding positions on Hyperliquid?
BTC-0.67%
ETH-0.63%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pin