Back
Hyperliquid whale closes SP500, MU and SNDK leveraged longs with $1.345 million profit

Hyperliquid whale closes SP500, MU and SNDK leveraged longs with $1.345 million profit

Separate on-chain data also showed another Hyperliquid trader depositing 1.5 million USDC to open roughly $8.14 million in short positions, with cumulative profit reported at about $6.46 million.

USDC
HYPE

Fact Check
All quantitative claims are corroborated by multiple primary on-chain analytics sources. The ai_9684xtpa X post and BlockBeats flash both state the $85.63M long basket (SP500, MU, SNDK) was closed for a total $1.345M profit. OnchainLens confirms the initial $15.29M USDC deposit and address 0xaEAAB...2416, while Odaily flash 505034 confirms the additional 7.29M USDC margin bringing total exposure to $85.63M. Numbers match the claim precisely.
Summary

A Hyperliquid whale identified as 0xaea…2416 previously closed leveraged long positions in SP500, MU and SNDK with total profit of $1.345 million after building exposure that reached about $85.63 million. Separately, new on-chain data cited by Odaily from Onchain Lens showed another Hyperliquid trader depositing 1.5 million USDC before opening about $8.14 million in short positions. That account's cumulative profit was reported at about $6.46 million, with major positions including a $2.37 million 2x-leveraged SPCX short, a $1.30 million 2x DRAM short and a $1.11 million 2x MU short.

Terms & Concepts
  • USDC: A dollar-pegged stablecoin used as collateral or margin for trading.
  • short positions: Trades that seek to profit from a decline in an asset's price.
  • margin: Collateral posted to support leveraged trades and absorb potential losses.