A major long trader on Hyperliquid closed part of a large crypto position early today, locking in $45.3 million in realized profit, according to on-chain analyst Ember. The trader took profit on 60,000 ETH and 1,200 BTC, while the total value of the long position fell from $537 million to $143 million.
The ETH leg has now been fully closed. Ember said the trader’s 120,000 ETH long generated $32.77 million in profit after being fully exited. On the BTC side, 1,200 BTC out of a 3,000 BTC long has been closed, producing $12.53 million in realized gains.
The trader still holds a long position of 1,800 BTC, which is currently showing an unrealized profit of $21.08 million. Combining realized and unrealized gains, the total profit on the overall position now stands at $66.38 million, based on Ember’s monitoring. The update was cited by Odaily in a market analysis newsflash.
Hyperliquid’s largest long trader closed 60,000 ETH and 1,200 BTC early today to take profit, booking $45.3 million in realized gains, according to on-chain analyst Ember, as cited by Odaily.
The trader’s total long exposure has dropped from $537 million to $143 million.
ETH position fully closed, BTC long partially reduced
Ember said the trader’s 120,000 ETH long has now been fully closed, with realized profit reaching $32.77 million.
On the BTC side, 1,200 BTC has been closed out of a 3,000 BTC long, generating $12.53 million in realized profit.
The trader is still holding a 1,800 BTC long position, which is currently showing $21.08 million in unrealized gains. Combined realized and unrealized profit now stands at $66.38 million.
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