Whale's 8 million USDC long position faces profit retracement, unrealized gains drop from 3.3 million to 1.75 million

SignatureVerifier · 2026-01-08T04:50:22+00:00

Recently, the market has been declining, and a whale has heavily long-positioned multiple tokens on the Hyperliquid platform. Initially, the unrealized profit reached as high as $3.3 million, but now it has shrunk to $1.75 million. The BTC long position performed relatively stably, with an unrealized profit of $360,000, while HMSTR lost $23,000, indicating that large investors still face significant risks amid market volatility.

SignatureVerifier

2026-01-08 04:50:22

Abstract generation in progress

【Crypto Rhythm】In the past few days of market downturn, the days haven’t been easy for a big whale. According to on-chain monitoring data, this address deposited 8 million USDC as collateral on the Hyperliquid platform on January 1st, then began aggressively building positions.

Initially, it set up long positions in 11 tokens: IP, XPL, STBL, MON, PUMP, GRIFFAIN, VVV, AIXBT, HEMI, MAVIA, and STABLE. But it didn’t stop there. Recently, this whale has been continuously adding to its positions, heavily long on BTC, STBL, FARTCOIN, HYPE, TRUMP, LIT, and others.

What was the result? As the market dropped, this guy’s unrealized profit shrank from over $3.3 million to just $1.75 million. That’s quite a significant drop.

Specifically, the long position on BTC is still profitable, with an unrealized gain of $360,000, making it the most stable position in this address. On the other hand, HMSTR is a bit painful, with an unrealized loss of $23,000, currently the biggest loser among the holdings. This also shows that even big players find it hard to perfectly time the market—over-concentration in certain altcoins carries significant risk.

USDC0,01%

IP-0,4%

XPL-2,87%

STBL-0,78%

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NFTragedy

· 2h ago

800w entered the market and continued to add more. This move was really bold, but in the end, I still couldn't beat the market. The 330w was cut in half directly to 175w, it hurts.

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UncommonNPC

· 01-08 05:20

Putting 8 million into chasing high and buying so many trash coins, now losing half and still thinking of holding on stubbornly—typical gambler mentality.

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ProveMyZK

· 01-08 05:19

8 million entered the market all long positions. This guy is really a tough warrior. Dropping from 3.3 million to 1.75 million—his mental resilience must be incredible.

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LightningPacketLoss

· 01-08 05:19

8 million entered the market and directly got wrecked. This is the cost of chasing highs, with floating profits halved in a sudden plunge...

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DataBartender

· 01-08 05:00

Haha, this guy chased the order so aggressively that his scalp went numb. The 3.3 million was cut directly in half to 1.75 million. That's really ruthless.

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