Crypto whale earns $ 3.5 million by empty sales from old coins on hyperliquid

An address that begins with 0xA31 has been strongly against the old market on hyperliquid all week.

Since June 12, the Trader Short positions have opened on 16 different tokens with a total value of $ 57.5 million and has already had unrealized profits of around $ 3,56 million-plus a further $ 2.27 million in foundation fees.

The majority of the short positions aim at Large cap titles such as ETH, Doge, Pepe and XRP. So far, Doge has made the greatest profit with $ 2.49 million, closely followed by XRP with $ 1,41 million.

The only exception is an empty sales position in Hype, which is currently in the red of around $ 3,19 million.

In addition to the known names, the whale also holds short positions in smaller or new tokens such as Pepe, Fartcoin, Left, Sui, Init, Launchcoin, Pengu, WLD, Popcat, LTC and Moodeng and in Bitcoin itself, which increases the total number of positions to sixteen-fourteen of which are in plus at the time of publication.

Alexander has been working in the crypto industry for three years and has made a name for himself during this time through his active participation in observing the market dynamics and technological innovations. His interest in cryptocurrencies and new technologies is not just a professional obligation, but a deep personal passion. He follows the news from the industry every day, analyzes trends and is enthusiastic about every new step in the development of blockchain solutions. His enthusiasm drives him to constantly learn and share his knowledge because he sees the future in the digital financial world and its role in global transformation.