Two Addresses Open $37.8 Million in SOL Long Positions on Hyperliquid

On-chain analyst Ai reports two high-leverage trades placing addresses in Hyperliquid’s SOL long leaderboard top ten.

ETH

SOL

LTC

186d ago

Summary

On October 10, on-chain analyst @ai_9684xtpa revealed that two wallets opened SOL long positions worth a combined $37.8 million, ranking fifth and tenth on Hyperliquid’s SOL long leaderboard. Address 0x0dd...8a902 used 2x leverage for 100,000 SOL at $219.68 and holds $26.12M in ETH longs. Address 0x8d0...59244 used 20x leverage for 70,000 SOL at $221.549 and holds $4.04M in LTC longs.

Terms & Concepts

SOL Long Position: A leveraged trade betting that the price of Solana (SOL) will increase.
Leverage: A trading mechanism that allows investors to control larger positions with borrowed funds, amplifying both potential gains and losses.
On-chain Analyst: A specialist who examines blockchain transaction data to identify trading patterns and significant wallet activities.