Smart Money Doubles Ethereum Long to $13M Amid $16M XRP 3x Position, Secures $1.45M Profit on Hyperliquid
The post Smart Money Doubles Ethereum Long to $13M Amid $16M XRP 3x Position, Secures $1.45M Profit on Hyperliquid appeared on BitcoinEthereumNews.com.
Smart money created a $12.98 million 2x Ethereum long position within an hour at an entry price of $3,837, while holding a $16.26 million 3x XRP long, generating $1.447 million profit on Hyperliquid. Rapid accumulation of a significant Ethereum long position signals strong market confidence. The largest long held is a 3x XRP position valued at $16.26 million, indicating diversified smart money strategies. Profit of $1.447 million realized on Hyperliquid highlights effective position management by the smart money address. Smart money builds $12.98M Ethereum long at $3,837 entry; $16.26M XRP 3x long also held. Discover key insights and profit data from Hyperliquid trades. How Did Smart Money Build a $12.98 Million Ethereum Long Position So Quickly? According to on-chain data from July 27, a smart money address established a 2x leveraged Ethereum long position worth $12.977 million in under one hour. The entry price was precisely $3,837, reflecting a swift and decisive market move. This rapid position build indicates strong confidence in Ethereum’s near-term price appreciation among experienced traders. What Is the Significance of the 3x XRP Long Position Held by the Same Address? The address also holds its largest long position in XRP, leveraged 3x, valued at $16.26 million. This diversified approach suggests the smart money is balancing exposure between Ethereum and XRP, two leading cryptocurrencies with distinct market drivers. Such allocation may optimize risk and reward across different blockchain ecosystems. What Profit Has Been Realized from These Positions on Hyperliquid? The smart money address has accumulated a profit of $1.447 million on Hyperliquid, a decentralized derivatives platform. This profit demonstrates effective position management and timing, underscoring the address’s expertise in leveraging market volatility to generate substantial returns. Position Type Value (USD) Leverage Ethereum Long $12,977,000 2x XRP Long $16,260,000 3x Why Is This Smart Money Activity Important for…
Filed under: News - @ July 27, 2025 1:28 pm