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Data: Whales went long on BTC before May Day, earning a $3.8 million unrealized profit during the holiday.
ChainCatcher news, according to Hyperinsight monitoring, the market continued to move upward throughout the holiday period. And if a BTC long position opened with 10x leverage had been opened the day before May Day, it could have recorded a floating return of up to 63% today.
An on-chain whale starting with 0x66f opened a long position with 10x leverage on 750 BTC the day before the holiday. The position size was $60.8 million. By calling this rally in this round, the whale accurately bet on the current uptrend; after the holiday, the market strengthened again. The current unrealized profit has already exceeded $3.8 million, and it is now the largest BTC long position address on the Hyperliquid platform.