Hyperliquid closes MELANIA long position on 50x leveraged giant whale before opening short BTC again at 40x
According to chain analyst Ashes, the 50x leveraged giant whale on Hyperliquid closed a long position in MELANIA for a profit of $87k. He then re-opened a short BTC order: currently short 326 BTC (worth $27.62 million) using 690,000 USDC as margin at 40x. The position was opened at $84,566 and liquidated at $85,545.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
The White House is reviewing the proposed crypto asset reporting framework
Investment bank TD Cowen: SEC to enter a critical regulatory period, Chairman Atkins will lead crypto rulemaking
Bloomberg ETF analyst: Grayscale may launch its first Dogecoin ETF
Data: BitMine currently holds approximately 3.56 million ETH, with an unrealized loss of $2.98 billion.
Trending news
MoreCrypto prices
More
