ChainCatcher reported, citing on-chain analyst Ember, that a whale or institutional player is holding long positions worth $352 million on Hyperliquid after posting margin to three addresses. The position includes 1,140 BTC and 98,100 ETH. According to the monitoring data, the longs were opened about half a month ago. The average entry price for the BTC long stands at $82,205, while the ETH long was opened at an average of $2,604. At current levels, the combined position is showing a profit of $2.66 million. The report did not identify the trader behind the addresses, but it specified that the exposure is concentrated in BTC and ETH and tied to three margin-funded addresses on the platform.
According to ChainCatcher, citing on-chain analyst Ember, a whale or institution is holding $352 million in long positions on Hyperliquid after depositing margin into three addresses.
The position includes 1,140 BTC and 98,100 ETH. Ember said the longs were opened about half a month ago, with the BTC long entered at an average price of $82,205 and the ETH long at an average price of $2,604. The combined position is currently up $2.66 million.
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