Hyperliquid address holds 13218800 units of ONDO long positions, with approximately 2125000 USD
BIBIBI
AT A GLANCE
Hyperliquid address 0xc63a holds ONDO approximately in unrealized profit 2125000 USD, with no reduction in the position yet.
Article
🔍 On-chain Detective | Holdings 30 days,ONDO the whale's cumulative unrealized profit has exceeded 2000000 USD BlockBeats news,September 25, according to TradingBeats monitoring, as ONDO rose by nearly 24 over the past hours, 25.5%the unrealized profit on the ONDO long position held by Hyperliquid address 0xc63a has reached approximately 2125000 USD, with no position reduction so far.
The address established the position from the evening of August 21 to the early morning of 22, establishing 2 within approximately 13218800 hours: a long position of ONDO tokens, with an average entry price of approximately 0.3921 USD. The position has remained unchanged for more than 1 months and is currently valued at approximately 7309000 USD,ONDO. The 41%price has risen by approximately August 20 to 22 compared with its entry cost.
Previously, the address traded ETH long positions, realizing cumulative profits of approximately 2510000 USD upon closing them. While taking profits on ETH in batches, it established the aforementioned ONDO long position.
Original link https://m.theblockbeats.info/flash/368972
Key points
01
BlockBeats stated that, according to TradingBeats monitoring,ONDO rose approximately 24 hours by approximately 25.5%。
02
Hyperliquid address 0xc63a's ONDO long positions have approximately 2125000 USD in unrealized gains, and the position has not been reduced.
03
The address established a position late on August 21 in the early hours of 22 within approximately 2 hours, consisting of 13218800 units of ONDO long positions, at an average entry price of approximately 0.3921 USD。
04
The address has held the position for over 1 months without adjustment, and the position is currently worth approximately 7309000 USD。
05
ONDO the price has risen approximately 41%。
06
This address previously made August 20 to 22 long trades ETH with cumulative realized profits of approximately 2510000 USD。
AI-assisted interpretation
The following is analysis, separate from reported facts. Verify important claims independently.
This means that after the address's ONDO rise, its book profit is relatively high, but the gains have not yet been realized by selling the position. A long position indicates a bet on prices rising.
Why it matters to readers
If the large position continues to be held, this indicates that the address has not yet realized the gains; if profits are taken in a concentrated manner, this could increase short-term selling pressure.
Unrealized profit is merely a book gain and can only potentially be realized after reducing or closing the position; a price pullback will also reduce the unrealized profit.
Risks and unknowns
The report did not specify the leverage multiple or liquidation price of this position.
The position and unrealized-profit details cannot currently be independently verified based on this evidence alone.
It remains unknown whether this address subsequently reduced or closed the position.
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Related concepts
Long Position
A contract position taken when a trader expects the underlying asset's price to rise.