Hyperliquid S&P 500’s largest long position takes first profit: $10 million closed, with $64 million position remaining
BlockBeats news, on May 7, according to Hyperinsight monitoring, the largest long position on S&P 500 on Hyperliquid with a position size of 74 million USD has, for the first time, taken profit after nearly a month of heavy holdings. During this period, the position accumulated an unrealized profit of over 4.2 million USD.
In the past 2 hours, this address closed nearly 10 million USD of positions in batches around 7,370 USD, with this round of profit-taking recording about 550,000 USD in gains. After reducing the position, it still holds a 5x leveraged S&P 500 long order, with a remaining size of 64 million USD and an average opening price of 6,946 USD, so the long position base remains solid.
Address: 0xd47587702a91731Dc1089B5DB0932cF820151A91
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.
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