Long BTC, short HYPE strategy, this time HYPE is not following the script

BTC-0.26%
HYPE1.52%
View Original
CoinNetwork
Crypto news: A whale reduced 82,664.83 HYPE short positions on the HyperLiquid platform, worth about $2,463,900. The whale’s current position size is $26,435,632.11, with an average price of $39.49. Its current profit and loss is -$6,394,740.98, and the P&L ratio is -120.95%. The current HYPE price is $52.09, and the liquidation price is $68.68. During prolonged market downtrends driven by volatility, the whale has long relied on going long on BTC while simultaneously shorting HYPE, generating profit of over $37 million across the full cycle.
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
  • Pinned