According to tracking data from Ember, a whale wallet starting with the address 0x94d has initiated an impressive chain of trading activity on the Hyperliquid platform. This activity began 22 days ago when the investor transferred 255 BTC (equivalent to $21.77 million USD) to the exchange with an initial selling price of $85,378 USD.
High-Frequency Trading Results with an Impressive Win Rate
During this 22-day period, this whale wallet executed 69 trades with high-frequency trading activity, achieving a win rate of up to 62%. These trading decisions have generated a net profit of $9.9 million USD for the investor, demonstrating risk management skills and market sensitivity of the wallet owner.
Current Long Positions and Market Focus
Recent developments show that this whale has continued to expand its strategy. In the past two days, this address has opened additional long positions with a total current value of approximately $310 million USD, despite incurring an unrealized loss of around $1.4 million USD.
Notably, the list of assets that this whale has longed largely matches another reputable whale, which currently holds a long position worth $788 million USD from an open position of $230 million USD. Both whales operate on a large scale and have similar entry points.
Impact on the Overall Market
The combined activity of these two major whales has created a noteworthy market picture on Hyperliquid. The total long position value of both reaches $1.1 billion USD, accounting for one-third of all long orders across the platform, indicating a strong concentration of large capital in specific assets.
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Hyperliquid Whale Leaves Mark with $9.9 Million Profit from High-Frequency Trading
According to tracking data from Ember, a whale wallet starting with the address 0x94d has initiated an impressive chain of trading activity on the Hyperliquid platform. This activity began 22 days ago when the investor transferred 255 BTC (equivalent to $21.77 million USD) to the exchange with an initial selling price of $85,378 USD.
High-Frequency Trading Results with an Impressive Win Rate
During this 22-day period, this whale wallet executed 69 trades with high-frequency trading activity, achieving a win rate of up to 62%. These trading decisions have generated a net profit of $9.9 million USD for the investor, demonstrating risk management skills and market sensitivity of the wallet owner.
Current Long Positions and Market Focus
Recent developments show that this whale has continued to expand its strategy. In the past two days, this address has opened additional long positions with a total current value of approximately $310 million USD, despite incurring an unrealized loss of around $1.4 million USD.
Notably, the list of assets that this whale has longed largely matches another reputable whale, which currently holds a long position worth $788 million USD from an open position of $230 million USD. Both whales operate on a large scale and have similar entry points.
Impact on the Overall Market
The combined activity of these two major whales has created a noteworthy market picture on Hyperliquid. The total long position value of both reaches $1.1 billion USD, accounting for one-third of all long orders across the platform, indicating a strong concentration of large capital in specific assets.