According to Hyperinsight, a whale at address 0x66f opened a 10x leveraged long position of 750 BTC on April 30, worth $60.8 million, ahead of the Labor Day holiday. By May 6, the position generated over $3.8 million in unrealized gains, representing a 63% return. The address is now the largest long holder on the Hyperliquid platform.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
Bitcoin Approaches $82,000 as Nasdaq Futures Rise on Iran Peace Deal Progress
Bitcoin climbed toward $82,000 on May 6 amid reports of progress toward a U.S.–Iran memorandum of understanding. Nasdaq futures rose more than 1% alongside the cryptocurrency rally, reflecting broader market optimism tied to the potential diplomatic breakthrough.
GateNews13m ago
BTC breaks above 82,000 USDT
Gate News bot message; Gate market data shows that BTC has broken through 82,000 USDT, with the current price at 82,013.2 USDT.
CryptoRadar15m ago
CME Group to Launch Bitcoin Volatility Futures on June 1
CME Group plans to launch bitcoin volatility futures contracts beginning June 1, pending regulatory approval, according to an announcement from the exchange. The new "first-of-their-kind" offering will allow traders to hedge and trade bitcoin's volatility directly without taking a directional bet on
CryptoFrontier57m ago
Bitcoin Core discloses bug that could let miners crash nodes
Bitcoin Core developers disclosed a high-severity bug that could allow miners to remotely crash some Bitcoin nodes.
Summary
Bitcoin Core disclosed CVE-2024-52911, affecting versions before 29.0, with older nodes still exposed online.
Miners needed costly proof-of-work blocks to trigger
Cryptonews59m ago
Bitcoin Dips Below $81,000 as Strategy Chief Eyes BTC Sale for $1.5B Dividend
Strategy executive chairman Michael Saylor signalled a potential bitcoin sale to cover $1.5 billion in annual dividend obligations after hours, sending MSTR down 4% and pushing BTC briefly below $81,000.
GateNews1h ago
