Hyperliquid Whale Closes $36.5M CBRS Long Position, Suffers $6.95M Loss, Shifts to GOOGL and GME

iconKuCoinFlash
Share
This is the logo of the coin.
CBRS
----
This is the logo of the coin.
GOOGL
----
This is the logo of the coin.
GME
----
AI summary iconSummary
A Hyperliquid whale (0x30af…393e) closed a $36.5M CBRS long position at a $6.95M loss, likely based on an analysis of support and resistance levels. During the same period, the address opened $57.42M in GOOGL and GME long positions, leveraged at 20x and 10x respectively. These positions are at risk of liquidation if prices drop below $344.56 and $25.56. The whale’s shift may indicate a strategic move toward long-term investment in more stable assets.
ME AI message, according to TradingBeats monitoring, the Hyperliquid whale address 0x30af…393e closed out approximately $36.51 million in CBRS long positions last night through early this morning, resulting in a trading loss of about $6.95 million.

During the same period, the address established approximately 116,100 long positions in GOOGL and 607,400 long positions in GME, with the current total value of these positions amounting to approximately $57.42 million. The current GOOGL and GME long positions are using 20x and 10x isolated leverage, respectively, with liquidation reference prices of approximately $344.56 and $25.56, which are about 2.37% and 5.67% lower than the current mark price.

(Source: BlockBeats)
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.