A whale’s Hyperliquid long position on PUMP, with an unrealized profit of approximately 1625000 USD
BIBIBI
AT A GLANCE
Monitoring reported that the address 0xeadc holds approximately 501000000 PUMP long positions, with an estimated return of 504%, and has reduced its position by approximately 119000000.
Article
🔍 On-chain Detective | A whale goes long PUMP, with an estimated return on the position of 504%BlockBeats reported that October 4, according to TradingBeats monitoring,Hyperliquid whale address 0xeadc holds approximately 501000000 PUMP long positions, with a position value of approximately 3240000 USD, using 5 x leverage, with an average entry price of approximately 0.0032 USD, an unrealized profit of approximately 1625000 USD, and an estimated return on the position of 504%.
The address currently has approximately PUMP fewer 119000000 in long positions, while Hyperliquid’s PUMP perpetual futures mark price is currently approximately 0.0065 USD,24 hours, up approximately 18.5%.
Original link https://m.theblockbeats.info/flash/370218
Key points
01
BlockBeats reported that October 4, according to TradingBeats monitoring,Hyperliquid the whale address 0xeadc holds approximately 501000000 PUMP long positions.
02
The position is valued at approximately 3240000 USD, using 5 x leverage, with an average entry price of approximately 0.0032 USD。
03
The reported unrealized profit is approximately 1625000 USD, with an estimated return on the position of 504%。
04
The address’s PUMP long position has decreased by approximately 119000000.
05
At the time of the report,Hyperliquid’s PUMP perpetual futures mark price was approximately 0.0065 USD,24 hours, up approximately 18.5%。
AI-assisted interpretation
The following is analysis, separate from reported facts. Verify important claims independently.
This news describes address 0xeadc’s Hyperliquid position on PUMP being long. “Long position” means betting on a price increase; “5 x leverage” means the position uses leverage; “unrealized profit” is paper profit that has not been realized through closing the position. The report also stated that the address’s long position size had decreased.
Why it matters to readers
The reported position size, unrealized profit, reduction amount, and PUMP’s 24-hour gain may draw market participants’ attention to whether the address will continue reducing its position and to changes in the PUMP perpetual futures price.
Beginners should distinguish between unrealized profit and realized profit, and note that the return on a leveraged position does not mean the same return can be earned in the future; this news itself also cannot prove that PUMP will continue to rise.
Risks and unknowns
The information was provided by BlockBeats citing TradingBeats monitoring; the original report did not include independently verifiable on-chain or Hyperliquid primary position records.
The original report alone cannot confirm whether the address’s position, unrealized profit, return, and reduction data are accurate or still valid.
The original report did not state whether the address would continue holding, reduce its position, or close it.
The original report did not provide data on funding rates, liquidation prices, or open interest.
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Related concepts
Long Position
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