According to on-chain analyst Ember (@EmberCN), a large long position holder on Hyperliquid closed out 60,000 ETH and 1,200 BTC early this morning, realizing a profit of approximately $45.3 million. Their long exposure has decreased from around $537 million to $143 million. Specifically, the address has fully closed its original 120,000 ETH long position, realizing a profit of approximately $32.77 million, and has closed 1,200 of its original 3,000 BTC long positions, realizing a profit of approximately $12.53 million. It currently still holds 1,800 BTC long positions with an unrealized profit of about $21.08 million, bringing the total combined realized and unrealized profit to approximately $66.38 million.
Hyperliquid liquidates 60,000 ETH and 1,200 BTC long positions, realizing a $45.3 million profit.
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A large long position on Hyperliquid has closed 60,000 ETH and 1,200 BTC, realizing $45.3 million in profits. The total long position size has decreased from $537 million to $143 million. The address previously held 120,000 ETH longs, all of which were closed for $32.77 million in gains, and 1,200 out of 3,000 BTC longs were closed for $12.53 million. It still holds 1,800 BTC longs with $21.08 million in unrealized gains, bringing total profits to $66.38 million. Traders are now monitoring key support and resistance levels as long-term investment strategies shift.
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