On-chain data on August 8 indicates a whale increased its 40x BTC long and opened new 20x short positions on SOL and XRP while maintaining a 10x BNB long, amassing nearly $54 million in profits on Hyperliquid.
On August 8, on-chain data revealed that a whale increased its 40x leveraged Bitcoin long position by 158.32 BTC (average entry $117,170, totaling $30.46 million), initiated 20x leveraged short positions on SOL ($13.66 million) and XRP ($1.19 million), and maintained a 10x BNB long, with overall profits nearing $54 million on Hyperliquid. There is a discrepancy with earlier reported data.