TradingBeats said that an address on Hyperliquid holds approximately 550000 contracts of SOL long positions
BIBIBI
AT A GLANCE
According to relayed monitoring data, an address holds approximately 550000 contracts of SOL long positions, with unrealized gains of approximately 20530000 USD。
Article
🔍 On-chain Detective | A highly leveraged whale went long at a low level SOL, with unrealized gains reaching 20530000 USD BlockBeats reported that September 28, according to TradingBeats monitoring, the address on Hyperliquid beginning with 0x9c6a still holds approximately 550000 contracts of SOL long positions, with an average entry price of approximately 80.9 USD. The position is currently worth approximately 65010000 USD, with unrealized gains of approximately 20530000 USD(a return of over 900%).
Previously, the address added to its position around August 10 on SOL at a price of approximately 77 USD; it reduced the position to take profits and added to it again during that period. As of press time,SOL was approximately 118 USD, up approximately 53%from its position-adding price at the time.
Original link https://m.theblockbeats.info/flash/369303
Key points
01
BlockBeats said that TradingBeats detected an address on Hyperliquid beginning with 0x9c6a still holding approximately 550000 contracts of SOL long positions.
02
The address has an average entry price of approximately 80.9 USD, and the position is worth approximately 65010000 USD, with unrealized gains of approximately 20530000 USD, and a return exceeding 900%。
03
The address added to its position on August 10 at a price of approximately SOL; during that period, it reduced the position to take profits and added to it again. 77 USD
04
As of press time,SOL was approximately 118 USD, up approximately 53%。
AI-assisted interpretation
The following is analysis, separate from reported facts. Verify important claims independently.
A contract long position is a position that bets on an asset's price rising; unrealized gains are profits calculated at the current price that have not yet been realized through an actual closing of the position. The material says that the address holds a large SOL long position, but does not provide the complete address or independent evidence of the position.
Why it matters to readers
This indicates a sizable SOL long position and its unrealized gains; subsequent changes in the position may be worth monitoring.
Highly leveraged positions may involve both substantial gains and substantial risks; unrealized gains do not equal realized profits.
Risks and unknowns
The information was relayed by BlockBeats from TradingBeats monitoring; the material does not provide independently verifiable on-chain or exchange position evidence.
Only the prefix 0x9c6a of the address was disclosed, so the complete address, leverage multiple, and liquidation price cannot be confirmed.
It cannot be confirmed from the material alone whether the position still remains fully in place as of now.
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Related concepts
contract long position
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