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A new address longs 218.6 BTC at 10x leverage and shorts 5,294 ETH, achieving a hedged profit of approximately $50,000

A new address longs 218.6 BTC at 10x leverage and shorts 5,294 ETH, achieving a hedged profit of approximately $50,000

2025-12-25 10:01

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ChainThink message, December 25, according to Lookonchain monitoring, a newly created wallet address (0x89BC) has deposited 4 million USDC into Hyperliquid over the past four days, used for long BTC and short ETH positions, currently realizing a profit of approximately $50,000.


Current position status:


10x leveraged long: 218.6 BTC (~$19.15 million), unrealized loss of $88,000.
10x leveraged short: 5,294 ETH (~$15.59 million), unrealized profit of $139,000.

#ETH

Disclaimer: Contains third-party opinions, does not constitute financial advice

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