Bitcoin Whale Trader Up Over $20 Million In Unrealized Gains On $700 Million BTC, Pepe Positions

  • A major whale on Hyperliquid (CRYPTO: HYPE) has opened a staggering $703 million long position on Bitcoin (CRYPTO: BTC), reflecting high conviction in the asset's upside potential. According to HyperDash data, the trader is sitting on over $20 million in unrealized profit at the time of writing, with their exposure split between Bitcoin and PEPE (CRYPTO: PEPE) positions.