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On-chain EWY's largest long position hit the rebound of the Korean stock market, with a return on holdings reaching 115%

GateNews

USDC news Derivatives Data

2026-03-05 02:48:04

BlockBeats News, March 5 — According to Coinbob's popular address monitoring, the largest long whale (0x629) on the Hyperliquid platform holding cash:EWY (iShares Korea ETF mapped contract) has turned a loss into a profit, with unrealized gains expanding to $310,000 (115%). They currently hold a 20x leveraged long position with a size of $6.42 million, an average price of $126, opened at 11 PM on March 3.

According to data from the EWY/USDC trading pair on the Hyperliquid platform, its price rebounded after touching $122 yesterday afternoon, reaching a high of $140 this morning, currently at $134, with a daily increase of 6%.

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