Smiley face
Weather     Live Markets

Summary of updates on cryptocurrency wallets following a volatile week

According to data from the decentralized cryptocurrency exchange Hyperliquid, after a volatile week, investors’ positions in volatile cryptocurrency wallets, dominated by “The White whale,” continued to be liquidated or adjusted, yet the cryptocurrency known as Ethereum (ETH) held the top spot at around $359 million. The whale, which engaged in multiple positions across Ethereum, Solana (SOL), and Bitcoin (BTC), distributed its large positions as follows:

  1. Eth Position: 48,405 ETH, equivalent to approximately $181 million, opening at $4.44 per ETH.
  2. Solitary Position: 810,717 SOL, worth about $152 million, opening at $61 per SOL.
  3. Bitcoin Position: 223 BTC, worth $26.3 million, opening at $117,650.

The whale’s current total unrealized profit is approximately $33 million, reflecting its resilience despite losses. Each account for the whale hosed on leverage, with three accounts showing high profits, except for one exposed to losses.

Analysis of Account Breakdowns

Among the whale’s four accounts, Ethereum held the largest position, though the 28,243 ETH position was at a loss of about $380,000. However, a more significant loss was observed in another ETH position worth $10.6 million and 13,745 ETH.

The position for 6,415 ETH generated $5 million in unrealized profit, whereas another ETH position held 13,745 ETH and reported a $10.6 million profit, indicating a sweet spot. In Solana, two positions were notable:

  • One with 459,703 SOL, worth $85.6 million, showing a $16.1 million realized profit, positioned at a missed high cap (valued at $149 per SOL).
  • Another with 351,013 SOL, worth $65.3 million, which was in a $107,000 loss, near the low cap (valued at $186 per SOL).

Bitcoin, open with 40x leverage at $117,650, yielded a $100,000 unrealized profit despite ranging down to $117,650. Currently open at $117,650, Bitcoin still duplicated earlier highs, significantly lower.

Network Updates and Price Movements

The network previously covered ETH and Bitcoin on a $3,815,000 level, with a total trade worth $105 million. The intraday changes involved the 13,745 ETH position, winning $10.6 million, while the 6,415 ETH one went into a loss. With multiple breaches and halts, price movements have been volatile, impacting wallet values.

This week, the network.scalar covered GPU, Detecting issues in some, network covered updates on others. The most significant reversal occurred in ETH’s large position on the upside, while the smaller从来不thing position in Bitcoin showed lower levels.

The network saw volatility, with opens elsewhere, and price reversals that decreased blockchain network value to $3,725,393. With some situations resulting in reversals and others not breaking, the network’s app grows and shakes.

Share.