Address 0x89B…A7358 added 1 million USDC as margin to short 5,294.36 ETH
Show original
Bitget offers one-stop trading for cryptocurrencies, stocks, and gold. Trade now!
A welcome pack worth 6200 USDT for new users! Sign up now!
On-chain data shows that address 0x89B…A7358 added 1 million USDC as margin to Hyperliquid 4 hours ago. Currently, it is long on 218 BTC ($19.17 million) and short on 5,294.36 ETH ($15.6 million), indicating a bearish view on the ETH/BTC exchange rate. According to data from a certain exchange, the current ETH/BTC exchange rate is 0.03358, which has retraced more than 22% from the August peak of 0.04328. (Ai Yi)
0
0
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
Understand the market, then trade.
Bitget offers one-stop trading for cryptocurrencies, stocks, and gold.
Trade now！
You may also like
Crypto prices
More
Bitcoin
BTC
$85,186.2
+6.03%
Ethereum
ETH
$2,723.84
+5.77%
Tether USDt
USDT
$0.9997
+0.01%
BNB
BNB
$789.08
+4.95%
XRP
XRP
$1.49
+8.32%
USDC
USDC
$0.9999
+0.01%
Solana
SOL
$116.64
+7.79%
TRON
TRX
$0.3442
+0.47%
Zcash
ZEC
$1,545.07
+6.97%
Hyperliquid
HYPE
$95.47
+4.90%
How to buy BTC
Bitget lists BTC – Buy or sell BTC quickly on Bitget!
Trade now
Become a trader now?A welcome pack worth 6200 USDT for new users!
Sign up now