The largest Long Alpha smart money on Hyperliquid once again massively long on ETH, with a position value exceeding $200 million
BlockBeats News, April 30th - According to Ashes Monitor, half a month ago, after earning a profit of $684.7 million from a long position, the "Head of the Largest Long Position in Hyperliquid" has once again started to aggressively long ETH.
Currently, he has opened long positions for 90,000 ETH ($203 million) through 3 addresses and has become the largest bull on Hyperliquid. His average entry price for ETH is $2,265.
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
Deutsche Bank Adjusts Price Target on Cognizant Technology Solutions to $75 From $70
Norwegian Krone: Stronger NOK profile into 2027 – Nordea
Etoiles Capital Shareholders Approve Nevada Domestication at Annual Meeting
Report: CoreWeave’s three founders cashed out $3.3 billions before stock price crash
The three co-founders of CoreWeave have cumulatively cashed out over $3.3 billion since the company went public, while its current stock price has plummeted more than 50% from its peak. At present, the company's bonds maturing in 2032 have fallen into distressed territory, with CDS spreads surging to 1,117 basis points, implying a default probability of 63%. Market concerns about its ability to repay debt are now spreading along the financing chain of AI computing power leasing.
Crypto prices
More
