On-chain BTC and ETH Longs Near All-Time High, Total Position Size Reaches $183M
BlockBeats News, March 4th, according to Hyperliquid Official Data, BTC touched a low of $66,000 at 11 pm last night and rebounded, currently at $68,640, with a gain of 3.9% during this period, while ETH saw a smaller increase.
According to monitoring, on this platform, the largest long positions for ETH and BTC belong to the same address known as the "ETH Macro Master" (0xa5b0), with a total position size of $183 million. Its BTC long position is $44.7 million, currently in profit with a $400,000 floating profit; ETH long position is $139 million, requiring ETH to rise by about 0.2% to break even, currently with a floating loss of $170,000.
In addition, this address has received multiple fund transfers from Matrixport, and another address (0x6C8) with suspected association holds about $99.5 million in ETH long positions, currently with a floating loss of $1.1 million.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Overseas capital is aggressively buying US stocks! Net inflows reached $942 billions over the past 12 months, marking a record since 1985.
According to data from the US Department of the Treasury, in the 12 months ending July this year, overseas investors made net purchases of US stocks totaling $942 billion, marking the highest rolling 12-month total since records began in 1985. The net purchases in the second quarter alone reached $426 billion, setting a new single-quarter record. Meanwhile, overseas demand for US Treasuries has noticeably cooled, with purchase volumes falling significantly. As a result, the US is facing higher costs in government debt financing.
RootData: BIO will unlock tokens worth about $1 million in one week

Grayscale Files Zcash ETF That Pays Every 2 Weeks: What's the Catch?
