A whale wallet tracked on Hyperliquid built a sizable short position in XYZ100 over the past 15 hours, according to TradingBeats. The wallet, identified as 0x9E2c, has increased the position to 740 XYZ100, with a notional value of about $23 million. TradingBeats said the trade now accounts for 10.3% of the token’s current open interest, making it a notable share of outstanding derivatives exposure.
The position is currently showing an unrealized profit of about $55,000. Trading data cited in the update also shows that the wallet has generated around $9.188 million in cumulative trading profit, including about $972,000 over the past 30 days. The figures offer a snapshot of the address’s recent performance as the market watches large directional bets on Hyperliquid.
BlockBeats reported on Oct. 7 that, according to TradingBeats monitoring, wallet 0x9E2c began building a short position in XYZ100 15 hours ago.
The position has now expanded to 740 XYZ100, with a notional value of about $23 million. TradingBeats said it represents 10.3% of the token’s current open interest. The position is currently showing an unrealized profit of about $55,000.
Data cited in the report shows the wallet has posted about $9.188 million in cumulative trading profit, with roughly $972,000 earned over the past 30 days.
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