On August 30, on-chain analyst Ai Yi (@ai_9684xtpa) flagged that address 0x77d…ae0e9 executed its first-ever derivative trades on Hyperliquid around 3:00 AM. The address opened two long positions: 403.44 BTC with 10x leverage (position value ~$31.49 million) and 4,781 ETH with 12x leverage (position value ~$11.75 million). Combined notional value reached roughly $43.24 million. The positions currently show a total unrealized loss of about $362,000.
On-chain analyst Ai Yi (@ai_9684xtpa) said that at about 3:00 AM on August 30, address 0x77d…ae0e9 placed its first contract trades on Hyperliquid.
It opened two long positions at the same time: 403.44 BTC with 10x leverage, for a position worth about $31.49 million, and 4,781 ETH with 12x leverage, valued at roughly $11.75 million.
So the combined notional value of the two longs comes to around $43.24 million. Right now, the total unrealized loss sits near $362,000.
This article was originally published by Bit.Fan. For more cryptocurrency news and market insights, visit www.bit.fan. Disclaimer:
The market information, project data, and third-party content displayed on this platform are for industry information sharing only and do not constitute any form of investment advice or return commitment.
Cryptocurrency trading carries high risks. Users should fully assess their risk tolerance and make independent decisions. All profits, losses, and legal responsibilities are borne by the users themselves.