Hyperinsight tracking data showed that a newly activated wallet, 0x4ba6, received about $464,000 from three addresses on the evening of July 21, then quickly rotated incoming UBTC into USDC and moved the funds into BTC perpetuals. The wallet first opened a 68.1 BTC short, then repeatedly switched between long and short positions in what appeared to be test trades. Roughly half an hour before publication, it placed two buy orders for 181.3 BTC and completed its current long position at an average entry price of $66,411.6, equivalent to about $12.039 million based on execution price. At press time, the wallet was long 181.3 BTC with 40x leverage. The position value stood at about $12.026 million, with a liquidation price of $64,580.7, an unrealized loss of roughly $13,000, and a return rate of -4.3%. After the position was established, the wallet also placed a single take-profit trigger order covering the entire position at $67,300.0. The address has been active for less than one day, has traded only BTC so far, and has logged cumulative volume of $67.28 million, with overall account PnL roughly flat.
BlockBeats reported on July 22 that, according to monitoring data from Hyperinsight, a newly created wallet, 0x4ba6, received about $464,000 from three separate addresses on the previous evening. After UBTC was transferred in, it was quickly swapped into USDC, and the funds were then moved into BTC futures with almost no delay.
The wallet first opened a short position of 68.1 BTC. It then switched back and forth between long and short exposure in a series of test trades. Around half an hour before publication, the address bought 181.3 BTC through two orders and completed its current position build at an average execution price of $66,411.6. Based on that fill price, the notional size came to about $12.039 million.
As of publication, the wallet was holding a 40x leveraged long on 181.3 BTC. The position value was about $12.026 million, with a liquidation price of $64,580.7. It was showing an unrealized loss of roughly $13,000 and a return rate of -4.3%.
After finishing the position build, the wallet immediately placed one take-profit trigger order covering the full position. The trigger price for that order was set at $67,300.0.
Hyperinsight data also showed that the wallet has been active for less than one day. Its trading history has been concentrated entirely in BTC, cumulative trading volume has already reached $67.28 million, and its overall account profit and loss was roughly flat at press time.
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