Former Top CRCL Long Closes All CRCL Longs After $22.44 Million in Trades

A Hyperliquid wallet that had ranked first among long positions in Circle (CRCL) contracts closed all of its CRCL long positions on Oct. 16, generating about $752,000 in profit. The trades used to close the positions totaled about $22.44 million. The wallet’s previous position was valued at about $22.40 million, a separate figure from the closing-trade total. The wallet address was 0x7265…11a5. At the time of the update, the Hyperliquid CRCL contract was priced at $85.42, with about $115 million in trading volume over the previous 24 hours. Enna Lee reports on investing and digital-asset markets for TokenPost.

Source: TokenPost