Add as a preferred source on GoogleTrader Adds $8.63 Million to GOOGL Short Position on Hyperliquid
The increase was described as the third addition and came amid GOOGL’s 13.7% record one-day drop.
The address 0xfe7c…b7ae added $8.63 million to a short position in GOOGL on Hyperliquid on Oct. 29, amid the stock’s record 13.7% one-day drop.
The trader opened the position after U.S. market hours at $296.57 with $2.05 million. An earlier increase was $680,000, making the $8.63 million increase the trader’s third addition.
At a displayed price of $293.23, the position showed $190,000 in unrealized profit, up from $34,000 earlier. The displayed quote was $3.34 below the opening price.
A short position generally gains value when the price it tracks falls and loses value when it rises. Unrealized profit is a change in a position’s value while it remains open, rather than a realized result from closing the trade.
Enna Lee
ReporterEnna Lee reports on investing and digital-asset markets for TokenPost. Send corrections or tips to info@tokenpost.com.