Top SOXL Whale Earns 70% Return in Half a Day as Price Rebounds
KuCoinFlashShare
Summary
Whale activity in SOXL trading surged as Hyperliquid’s contracts rebounded 9.3% in 24 hours to $101.18. Three top long positions, totaling $8.964 million, generated $682,000 in unrealized profits. The largest whale (0x30af) holds 38,529 longs with 10x leverage, earning $266,000 in half a day. Another whale (0x053f) holds 32,719.3 longs with 10x leverage, netting $291,000. Value investing in crypto remains a key focus as whale-driven movements continue to shape market sentiment.
After a significant correction in the semiconductor sector, investors who bought at the bottom quickly realized paper gains. The top three long positions in SOXL are all recent bottom-fishers, with a combined position value of approximately $8.964 million and total unrealized profits of about $682,000.
Among them, the largest long position (0x30af) holds 38,529 SOXL long contracts, with a position value of approximately $3.898 million, an average entry price of $94.26, and a half-day unrealized profit of about $266,000. This position uses 10x isolated leverage, with a liquidation price of approximately $89.39.
boredbit.eth (0x053f) holds a long position of 32,719.3 contracts, with a position value of approximately $3.31 million, an average price of $92.28, and a current unrealized profit of about $291,000. The same 10x isolated leverage is used, with a liquidation price of approximately $87.
The whale (0xbb47) holds 17,356 long contracts, with a position value of approximately $1.756 million, an average entry price of $93.97, a current unrealized profit of about $125,000, using 3x isolated leverage, and a liquidation price of approximately $70.91.
(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.