ChainCatcher report, according to Hyperinsight monitoring, due to the recent sustained price increase of VVV (Venice AI), trading activity for VVV contracts on Hyperliquid has significantly intensified, with a 24-hour trading volume exceeding $39 million and open interest reaching $32.9 million. The largest on-chain profit address during this rally, whale 0xfdf, took a 3x leveraged long position of 123,000 VVV at an average entry price of $8.34. The current position value stands at $2.2 million, with an unrealized profit of approximately $1.2 million, representing a 1.6x return on the initial capital invested.
Hyperliquid VVV trading volume exceeds $39M, whale earns $1.2M profit
ChaincatcherShare
Summary
Hyperliquid's VVV futures trading activity has surged, with a 24-hour trading volume exceeding $39 million and open interest reaching $32.9 million. The top on-chain address, 0xfdf, opened a 3x leveraged long position of 123,000 VVV tokens at $8.34. The position is now worth $2.2 million, with a $1.2 million unrealized profit. Elevated trading volume and active participation underscore the token’s recent momentum.
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.