ChainCatcher report: According to on-chain analyst Yujin, Hyperliquid’s largest long position was closed overnight, liquidating 60,000 ETH and 1,200 BTC, realizing a profit of $45.3 million. Its long position decreased from $537 million to $143 million: all 120,000 ETH longs were closed, yielding a profit of $32.77 million; 1,200 of the 3,000 BTC longs were closed, generating a profit of $12.53 million. It currently still holds 1,800 BTC longs with an unrealized profit of $21.08 million, bringing total profits to $66.38 million.
Hyperliquid's largest long position closes 60,000 ETH and 1,200 BTC, realizing a $45.3M profit.
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Summary
A major long position on Hyperliquid executed a take-profit strategy at 02:00 AM, closing 60,000 ETH and 1,200 BTC for a $45.3 million profit. The position value declined from $537 million to $143 million, with all 120,000 ETH longs closed for a $32.77 million gain. Trading continued as 1,200 BTC longs were liquidated from a 3,000 BTC position for $12.53 million. The remaining 1,800 BTC longs hold a floating profit of $21.08 million, bringing total gains to $66.38 million.
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