Hyperliquid Whale Establishes Low-Cost Position in Korean ETF and Circle at Early March, Unrealized Gains Nearly $2 Million

Gate News, March 18 — According to Coinbob’s popular address monitoring, boosted by Korea’s KOSPI Index (the benchmark index of the Korean stock market), which closed up 5.04% today, the iShares Korea ETF (EWY) also closed higher at $134.4. During after-hours trading, the increase expanded to 3.1%. Hyperliquid’s EWY contract is temporarily priced at $139, with a 24-hour increase of 6.2%. Additionally, CRCL’s intraday gain reached 6.4%, currently at $134.3.

The largest bullish whale address (0x629) holding both EWY and CRCL has increased its unrealized profit to nearly $2 million. This address opened long positions at low prices on March 5, with the main holdings as follows:

20x xyz:EWY and cash:EWY two major mapped contract longs: approximately $6.95 million in position size, average price $127, unrealized profit $520,000, return rate about 170%.

10x CRCL (Circle) long position: approximately $8.5 million in position size, average price $111.2, unrealized profit $1.45 million, return rate 205%.

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