Odaily Planet Daily reports, according to on-chain analyst Aunt Ai, after a certain address deposited 2 million USDC as margin, it opened a 4x long position of 10,962.78 XMR, valued at $4.18 million, at an entry price of $383.23, becoming the second-largest XMR position on Hyperliquid. The address has also placed limit buy orders totaling $1.082 million between $378.20 and $381.40, which would allow for additional positioning if the price declines.
A $4.18M 4x XMR Long Position Opened on Hyperliquid, Ranking as the Second Largest
KuCoinFlashShare
Summary
A significant XMR position trade has been executed on Hyperliquid, with an address depositing 2 million USDC to open a 4x long position of 10,962.78 XMR, valued at $4.18 million. The entry price is $383.23, making this the second-largest XMR position on the platform. The trader has also placed limit buy orders totaling $1.082 million between $378.20 and $381.40, indicating a clear strategy for scaling into the position during potential price declines.
Source:Show original
Disclaimer: The information on this page may have been obtained from third parties and does not necessarily reflect the views or opinions of KuCoin. This content is provided for general informational purposes only, without any representation or warranty of any kind, nor shall it be construed as financial or investment advice. KuCoin shall not be liable for any errors or omissions, or for any outcomes resulting from the use of this information.
Investments in digital assets can be risky. Please carefully evaluate the risks of a product and your risk tolerance based on your own financial circumstances. For more information, please refer to our Terms of Use and Risk Disclosure.