According to on-chain data analyst Yujin, a whale address starting with 0x94d has stood out in the past 22 days by achieving significant profits through high-frequency trading.
As early as 22 days ago, the address transferred 255 BTC (worth about $21.77M) into Hyperliquid and sold all of it at $85,378 per BTC. The funds were then used for high-frequency trading, generating a profit of up to $9.9M across 69 trades with a 62% win rate.
Continued Long Exposure Increase with Total Value of $310M
In the past two days alone, the address has ramped up its long positions. Currently, the total value of its long positions has reached $310M, although it is facing a floating loss of $1.4M.
- 1,699 BTC (about $154M), entered at $90,801.
- 33,000 ETH (about $102M), entered at $3,099.
- 336,000 SOL (about $45.83M), entered at $138.6.
- 3.777M XRP (about $7.91M), entered at $2.13.
Similar Strategy to the BTC OG Insider Whale
Interestingly, the assets this address is investing in closely align with those of another well-known whale, the BTC OG Insider Whale, with similar entry prices. Together, their long positions total $1.1B, accounting for one-third of all long positions on Hyperliquid.