A whale address on Hyperliquid, identified as 0xc63a, is now sitting on roughly $2.125 million in unrealized profit on an ONDO long position, according to monitoring data from TradingBeats cited by BlockBeats on Sept. 25. The gain came as ONDO rose about 25.5% over the past 24 hours, while the address has not reduced the position.
The wallet built the ONDO long between the evening of Aug. 21 and the early hours of Aug. 22, opening 13.2188 million ONDO in about two hours at an average entry price of around $0.3921. The position has remained unchanged for more than a month. At current levels, the holding is valued at about $7.309 million, with ONDO trading about 41% above the original entry cost.
Before opening the ONDO trade, the same address traded ETH longs between Aug. 20 and Aug. 22 and realized about $2.51 million in cumulative profit. TradingBeats said the wallet opened the ONDO long while taking profits on ETH in batches.
A Hyperliquid address labeled 0xc63a is sitting on about $2.125 million in unrealized profit on an ONDO long, after ONDO gained roughly 25.5% in the past 24 hours, according to TradingBeats monitoring cited by BlockBeats on Sept. 25. The position remains open, with no sign of a reduction.
The ONDO long has been held for more than a month
TradingBeats data shows the address built the position between the evening of Aug. 21 and the early hours of Aug. 22. In about two hours, it opened a long of 13.2188 million ONDO at an average entry price of around $0.3921.
The wallet has left the trade unchanged for more than a month. The position is now worth about $7.309 million, and ONDO is trading roughly 41% above the address's entry cost.
The same address had earlier profits on ETH longs
Before opening the ONDO trade, the address also traded ETH longs from Aug. 20 to Aug. 22, booking about $2.51 million in cumulative realized profit. According to the cited monitoring data, it opened the ONDO long while taking profit on ETH in batches.
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