A wallet known for repeatedly taking long positions in CRCL has opened its first short, according to monitoring shared by @ai_9684xtpa. The address, mtaavebank.eth, is now the largest CRCL position on Hyperliquid. The short was opened early today with 8x leverage and currently stands at 162,593.75 tokens, valued at about $14.95 million based on the figures in the post. The entry price was listed at $91.241, and the position is showing an unrealized loss of $121,000. The same address had previously traded CRCL 11 times, all on the long side, with cumulative profit exceeding $981,000. The shift is notable because it marks the first time the wallet has moved from a consistent bullish stance to a short bet in CRCL.
Data tracked by @ai_9684xtpa says mtaavebank.eth — a wallet known for staying long CRCL — has now opened its first short. And right now, it holds the biggest CRCL position on Hyperliquid.
The wallet opened the 8x leveraged short earlier today. The position now sits at 162,593.75 CRCL, valued at roughly $14.95 million on the stated figures. Entry came at $91.241, and the trade is now carrying an unrealized loss of $121,000.
Before making this move, the address had completed 11 CRCL trades. Every one of them was a long. Total profit across those trades was more than $981,000.
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