2026-01-10 05:28:11

On-chain data shows that a key transaction occurred on January 10th. A large account deposited $5.106 million into Hyperliquid within 6 hours, then quickly set up a massive hedge position — opening a $36.27 million BTC long position, while also establishing $36.87 million worth of shorts on ETH, SOL, and AVAX. From the data, the value distribution between long and short positions is quite balanced, with the total position size reaching $73.15 million. Such hedge strategies by major players often reflect market participants' cautious attitude toward short-term price fluctuations, wanting to participate in the upside while also guarding against downside risks.

BTC0,33%

ETH1,15%

SOL2,85%

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CodeSmellHunter

· 01-10 05:54

This move by the big player seems to be betting on short-term volatility, with a position of over 73 million... Is the bullish pressure on BTC a bit strong?

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SelfStaking

· 01-10 05:53

The big players are playing it safe with this move, hedging over $70 million. Looks like they're not that confident after all.

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SatoshiSherpa

· 01-10 05:50

This guy has over 70 million in position just for hedging, truly a big player's mindset.

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ProbablyNothing

· 01-10 05:43

Large traders' hedging strategy is indeed interesting. Going long on BTC while shorting other coins clearly bets on volatility. Wait, a position size of $73.15 million—how uncertain about the future does that imply? This move, to put it simply, is about wanting to have your cake and eat it too—typical greedy guy. But on the other hand, the more people engaging in such symmetric hedging, does it actually indicate that the bottom has truly arrived?

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ThatsNotARugPull

· 01-10 05:43

This whale is playing it really safe, not wanting to lose on either side. This big player's tactic is just betting on volatility. Putting in over 70 million, their courage is really big. Balanced hedging? Basically, it's being cowardly, afraid of a drop. BTC longs, other shorts, this routine has been stale for a long time. It feels like they're trying to exit before the contract explodes. This deal either makes a big profit or gets trapped.

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GateUser-26d7f434

· 01-10 05:41

This whale is hedging, and it doesn't look very optimistic about the recent market trend.

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