Hyperliquid Trader Holds Largest ASTER Long at $18 Million
According to Hyperinsight, the wallet built its ASTER long position from Jan. 28 and has left it unchanged for 20 consecutive days while sitting on about $1.6 million in unrealized profit.
HYPE
Summary
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Terms & Concepts
Long position: A trade that profits if an asset’s price rises above the entry cost.
Unrealized profit: Paper gains on an open position that have not been locked in by closing the trade.
Average position cost: The blended entry price of a position after multiple purchases at different levels.