based on materials from the site - By CoinoMedia
A high-profit whale on the Hyperliquid trading platform has once again made headlines. With a record profit of $73.85 million, this smart whale currently holds long positions worth $120.8 million in major cryptocurrencies. What is noteworthy? All these positions are opened with maximum leverage.
The whale is optimistic about:
Bitcoin ($BTC) with 40x leverage
Ethereum ($ETH) with 25x leverage
The native token of Hyperliquid $HYPE with 10x leverage
The meme coin $PEPE, also with 10x leverage
This high-risk strategy implies a very strong confidence in the upcoming market growth. Currently, the unrealized profit of the whale on these positions has already increased by $1.17 million. $HYPE bags: playing on the whale's confidence
In addition to trading, this whale is also a serious holder of $HYPE tokens. Currently, the wallet holds 501,796 HYPE tokens, valued at approximately $23.35 million. It is impressive that the unrealized profit just from this bag amounts to $12.48 million, which translates to a return of +115%.
This dual strategy - large-scale trading with leverage and long-term holding of tokens - implies that the whale is betting not only on short-term volatility but also on the long-term value of Hyperliquid.
What could this mean for the market
When high-performing whales make large moves, small traders often take notice. With aggressive long positions and a solid stake in $HYPE, this whale's activity may signal its firm confidence in the overall market direction.
Whether this will be a genius move or a risky adventure depends on the market's further reaction. But one thing is clear: whales still play a huge role in shaping the cryptocurrency trend, especially on platforms like Hyperliquid.
#MarketRebound , #Сryptomarketnews
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