An address on Hyperliquid established an 89.79 million dollar perpetual position, shorting BTC while going long on crude oil.

BTC0,48%

Gate News reports that on March 25, on-chain analyst Ai Yi detected that address 0x94d…33814 established a large contract position on the Hyperliquid platform from last night into early morning. The address took a short position on BTC and a long position on crude oil, with a total position value of $89.79 million, making it the largest contract holder on Hyperliquid BTC. The specific positions are: 40x leverage short on BTC, holding 1,000 BTC worth $70.65 million, opened at $69,614; and 20x leverage long on Brent Oil, holding 202,000 barrels worth $19.16 million, opened at $98.32.

View Original
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.
Comment
0/400
No comments