Yesterday, a crypto whale using address 0xEa6…061EE deposited roughly $8 million USDC into the decentralized derivatives exchange Hyperliquid and initiated sizable long exposure across 11 altcoins: IP, XPL, STBL, MON, PUMP, GRIFFAIN, VVV, AIXBT, HEMI, MAVIA, and STABLE. The aggregate unrealized profit stands at about $1.48 million, with IP contributing around $640,000 in gains while VVV shows about a $30,000 loss.
In addition, the same address holds a 20x leveraged Bitcoin long position with a notional size near $8.06 million and an average entry price of $87,869.50. The BTC position is currently showing a modest unrealized gain as markets move. This activity underscores ongoing appetite among large holders for decentralized derivatives and altcoin exposure, while leverage adds risk and potential reward amid continued volatility.
Leave a Reply