Whale Movement Tracking: Millions of USDC Pour into Derivatives Market, BTC Longs Face Unrealized Losses

2025-12-25 02:02:15

【Blockchain Rhythm】On December 25th, on-chain data tracking shows that a recently activated wallet address (0x89BC) has attracted attention due to its activity on the Hyperliquid platform. This trader injected 4 million USDC in just 4 days, with a quite aggressive layout—simultaneously betting on BTC rising and ETH falling.

Currently, this operation has realized a profit of about $50,000, but the position is somewhat delicate. On the long side, with 10x leverage, the trader has heavily positioned in BTC at 218.6 coins (approximately $19.15 million), with an unrealized loss of $8.8K, indicating some pressure on the bullish side. On the short side, the story is reversed, holding 5294 ETH shorts (about $15.59 million) with an unrealized profit of $13.9K. The trading strategy seems to be betting on BTC breaking out strongly while ETH weakens, reflecting a market divergence.

Such large derivatives operations often indicate adjustments in market participants’ short-term outlooks and are worth monitoring for subsequent position changes.

BTC0.2%

ETH0.08%

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ETH_Maxi_Taxi

· 18h ago

Damn, this guy's BTC long position is still losing, while ETH short is actually making some profit. This is unbelievable, how can even reverse trades be profitable? I really don't understand.

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CryptoTarotReader

· 18h ago

4 million invested all at once, this guy really has guts. The BTC bulls are still floating in losses... just waiting for a rebound.

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DegenTherapist

· 18h ago

Another violent leverage play, going all-in with 4 million USDC in just 4 days. This guy really isn't afraid of liquidation... Holding on despite a floating loss of 88,000 BTC, just betting on that breakout wave. His guts are really bold.

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HodlVeteran

· 18h ago

Oh man, I’m all too familiar with this guy’s all-in style... Entering with 4 million in 4 days, betting with 10x leverage on a volatile market. Isn’t this just the prelude to the huge loss I suffered back in the day? The unrealized profit is only 50,000 yuan, but the leveraged position is floating a loss of 88,000 yuan. This deal is not worth it... Bro is gambling on the edge of disaster.

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SerumSquirrel

· 18h ago

Putting in 4 million to make only 50,000, this leverage is a bit risky... BTC longs are still floating in loss.

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MEVHunter

· 19h ago

4 million USDC poured in over four days, this guy really dares to gamble... BTC longs are floating in losses but ETH shorts are eating profits, a typical hedging mindset.

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