TechFlow News: On May 20, BTC declined continuously over the past week while HYPE surged逆势, pushing the HYPE/BTC exchange rate to a new all-time high of 0.0₃628.
A whale on Hyperliquid has simultaneously held roughly equal-sized long positions in HYPE and short positions in BTC for over one month—indicating a directional bet on rising HYPE/BTC exchange rate. The total position size amounts to approximately $43.28 million. Current position performance is as follows:
20x BTC short: unrealized loss of $1.24 million (-127%), position size $19.33 million;
10x HYPE long: unrealized gain of $4.4 million (+183%), position size $23.95 million.
After netting both sides, the overall unrealized profit stands at $3.16 million; HYPE’s outperformance relative to BTC continues to generate gains for this paired position.
Address: 0xa9b95f2a2e7ef219021efc5c04c32761b8553bbd
