Smart Wallet Cuts 25x ETH Long by 2,368 Tokens Amid $1.15M Hyperliquid Profit
The post Smart Wallet Cuts 25x ETH Long by 2,368 Tokens Amid $1.15M Hyperliquid Profit appeared on BitcoinEthereumNews.com.
A smart wallet recently reduced its 25x ETH long position by 2,368.85 tokens, now holding $388.4 worth of ETH longs, while maintaining $14.9 million in Bitcoin longs and $4.8 million in SOL shorts, profiting $1.15 million on Hyperliquid this week. Smart wallet cut 25x ETH long by 2,368.85 tokens two hours ago. Currently holds a 40x Bitcoin long valued at $14.925 million and a 20x SOL short worth $4.84 million. Generated $1.15 million profit on Hyperliquid over the past seven days, according to on-chain data. Smart wallet adjusts ETH, Bitcoin, and SOL positions, securing $1.15M profit on Hyperliquid; stay updated on crypto trading insights with COINOTAG. What Are the Details of the Smart Wallet’s Recent ETH Position Reduction? The smart wallet reduced its 25x leveraged ETH long position by 2,368.85 tokens just two hours ago, leaving a minimal ETH long exposure worth $388.4. This move indicates a strategic partial exit from a highly leveraged position, reflecting cautious risk management amid volatile market conditions. How Does the Wallet’s Bitcoin and SOL Positions Complement Its ETH Trades? Alongside the ETH adjustment, the wallet holds a significant 40x Bitcoin long position valued at $14.925 million, demonstrating strong bullish conviction on BTC. Simultaneously, it maintains a 20x short position on Solana (SOL) worth $4.84 million, suggesting a bearish stance on SOL’s near-term price action. These diversified positions highlight a sophisticated multi-asset trading strategy. What Profit Has the Wallet Realized Recently on Hyperliquid? On-chain analytics reveal the wallet has profited approximately $1.15 million on Hyperliquid during the past week. This substantial gain underscores the effectiveness of its leveraged trading approach and timely position adjustments across ETH, BTC, and SOL markets. Asset Position Size Leverage & Profit Ethereum (ETH) Reduced by 2,368.85 tokens 25x leverage, $388.4 remaining Bitcoin (BTC) $14.925 million long 40x leverage Solana (SOL)…
Filed under: News - @ July 28, 2025 4:09 am