A whale wallet beginning with 0xcc briefly became one of the largest Bitcoin longs on Hyperliquid before closing the position at a loss. According to monitoring data cited by BlockBeats from Tradingbeats, the address started building a BTC long at 20:50 Beijing time on Sept. 15 using 40x leverage. The position later expanded to about 900 BTC, with a notional value of $68.74 million, making it the third-largest BTC long on the platform at one point.
The trade did not last long. The wallet fully exited at around $76,384.68 at 22:09 Beijing time, holding the position for roughly 1 hour and 19 minutes. The realized loss was $312,000.
The report also noted two upcoming events on the market calendar. A procedural vote on the CLARITY Act is scheduled for 2:15 a.m. Beijing time on Sept. 16, followed by the Federal Reserve’s latest interest-rate decision, due early on Sept. 17 Beijing time. BlockBeats, citing the original monitoring update, said the overlap of these two major uncertainties could lead to heavier market volatility this week.
A whale wallet starting with 0xcc opened a large 40x leveraged long position in BTC on Hyperliquid on Sept. 15, then exited roughly an hour later with a small loss, according to Tradingbeats monitoring cited by BlockBeats.
The data showed the address began building the Bitcoin long at 20:50 Beijing time. The position eventually grew to about 900 BTC, with a notional value of $68.74 million. At one stage, it ranked as the third-largest BTC long on Hyperliquid.
The wallet later fully closed the position at about $76,384.68 at 22:09 Beijing time. Total holding time was about 1 hour and 19 minutes, and the loss came to $312,000.
The report also pointed to two upcoming events that may affect the market. A procedural vote on the CLARITY Act is set for 2:15 a.m. Beijing time on Sept. 16. The Federal Reserve is then scheduled to announce its latest interest-rate decision early on Sept. 17 Beijing time. Citing the original monitoring note, BlockBeats said the combination of those two major uncertain events could intensify market volatility this week.
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