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Two Whales Chase TAO on Massive Scale Intraday, Highest Floating Returns Reach 50%
Mars Finance reports that according to Hyperinsight monitoring, TAO has surged significantly, with an intraday increase of 20%. On-chain sentiment has also warmed, with two whales on the Hyperliquid platform consecutively chasing the rally and opening long positions. Among them, 0x0e0 opened a TAO long position this morning at 6 a.m. with 5x leverage, with a position size of $1.1 million and an average price of $269.5. Currently, it has an unrealized profit of $110,000 (50%), with a liquidation price of $224. Another whale, 0xe51, entered the market in the past 4 hours with 1x leverage, holding a position of $1.72 million at an average price of $295, with a modest unrealized profit of $30,000. It is now the second-largest long position on Hyperliquid.