Data: Hyperliquid 50x leverage giant whale dual platform opening positions, total position size nearly 70 million USD

ChainCatcher news, according to on-chain analyst @ai_9684xtpa's monitoring, the "Hyperliquid 50x leverage giant whale" has recently adjusted its positions, laying out on both Hyperliquid and GMX platforms, with a total position size close to 70 million USD:

• Hyperliquid: Utilizing an ETH/BTC exchange rate trading strategy, the overall position is about 30 million USD, including a 25x long position in ETH and a 40x short position in BTC. The estimated opening exchange rate for ETH/BTC is 0.02269, while the current rate is 0.02284, showing a slight profit.
• GMX: A unilateral 26.21x long position in ETH, with a position size of 38.7 million USD, currently showing a profit of about 90,000 USD.

Currently, this giant whale's strategy is still in operation, but its high leverage operation carries significant risks, and the market may experience adverse changes at any time. Investors are advised to exercise caution and avoid blindly following.