According to on-chain analyst Ember (@EmberCN), Hyperliquid’s largest long position was opened at the end of August with an average price of $78,672, totaling $233 million in BTC and ETH longs. After holding the position for nearly a month, the trader closed 1,000 BTC longs today at $87,142, realizing a profit of approximately $8.52 million. The remaining $170 million in longs (400 BTC + 50,000 ETH) are still open, with an unrealized profit of approximately $15.57 million.
Hyperliquid closes its largest long position, realizing $8.52M profit on 1,000 BTC
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Summary
Hyperliquid’s largest long position executed a take-profit strategy, closing 1,000 BTC at $87,142 for a $8.52M profit. The position, opened in late August at $78,672, was part of a broader trading strategy encompassing $233M in BTC and ETH longs. Remaining longs of 400 BTC and 50,000 ETH still hold a $15.57M floating profit.
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