BlockBeats News, January 12 — According to Hyperinsight monitoring, the Strategy counterparty, the former Hyperliquid BTC largest short whale (0x94d37), closed a kPEPE long position at 13:42, with a profit of $9,335. Currently, the account has an unrealized profit of $4.6 million.
This address has been building short positions in main cryptocurrencies such as BTC and ETH during Strategy’s continuous accumulation of BTC, and at one point held a position of $120 million, making it the largest BTC short on Hyperliquid.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
PEPE ETF Shock: Canary Takes Memecoins to Wall Street
_Canary Capital files for a PEPE ETF with the SEC, aiming to bring memecoins to Wall Street while facing strong regulatory challenges._
Canary Capital has made a bold move in the crypto market. The company has suggested a new PEPE exchange-traded fund. This fund will be tracking the spot price of t
LiveBTCNews12m ago
PEPE Holds Tight Range as Bearish Pressure Limits Upside
Key Insights:
PEPE trades within a narrow consolidation range as sellers maintain control, while repeated resistance rejections prevent any sustained bullish momentum in the market.
Fibonacci resistance zones continue to cap upside potential, with multiple barriers aligning alongside
CryptoNewsLand6h ago
PEPE Price Holds Support as Bearish Bets Build Pressure
Key Insights:
PEPE price stabilizes near strong support despite sustained negative funding rates, highlighting a clear divergence between trader sentiment and actual market behavior.
Declining open interest and reduced liquidation activity indicate leverage reset, suggesting the market has c
CryptoNewsLand8h ago
Canary Capital Files PEPE ETF as Wall Street Tests Institutional Demand for Meme Coins
Institutional access to meme-based crypto expands as Canary Capital files with the SEC for a PEPE ETF, offering brokerage-based exposure while avoiding direct token custody and derivative risks.
Key Takeaways:
Canary Capital filed with the SEC to launch a PEPE ETF tracking token price via direct
Coinpedia8h ago
Canary Capital Files Spot PEPE ETF Application with SEC, Citing Meme Coin Risk Factors
Canary Capital Group LLC filed an S-1 registration statement with the U.S. Securities and Exchange Commission (SEC) on April 8, 2026, seeking approval to list an exchange-traded fund that tracks the spot price of the PEPE memecoin.
CryptopulseElite23h ago