Bullish
MINIMAX Whale Profit Surges 718% as Holdings Reach $3.5M
15:48
Address 0xcd98 expands MINIMAX long positions to $3.5M with 10x leverage, achieving 718% ROI. Price up 85% from entry, signaling strong whale accumulation.
Woofun AI data shows that MINIMAX traded at $47.79 on August 13, reflecting a daily gain of 7.8% and a 24-hour volume of $6.65 million. Open interest stood at $13.07 million. Wallet 0xcd98 increased its MINIMAX holdings by 4,736.1 shares, bringing the total to 73,500 shares. The cumulative investment rose from $1.85 million to $2.045 million, with the average entry price moving from $26.91 to $27.83. The wallet maintains long positions valued at approximately $3.512 million using a 10x leverage ratio. Unrealized profits expanded to $1.467 million, yielding a return rate of 717.6%. The liquidation price is set at $26.75. Since its activation on July 23, the wallet has seen MINIMAX prices rise 85% from the initial purchase and 71.8% above the average holding cost. TradingBeats provides real-time access to Hyperliquid data for tracking such whale activities.
WOOFUN AI
Impact Assessment · Quick Read
The aggressive accumulation by address 0xcd98 highlights significant confidence in MINIMAX's near-term trajectory, despite high leverage risks. With unrealized profits exceeding $1.4 million, this whale's continued buying pressure may support price stability above the $26.75 liquidation threshold. The availability of granular Hyperliquid data via TradingBeats allows the market to monitor such large-scale positions more effectively, potentially reducing information asymmetry.
Generated by WOOFUN AI · For reference only, not investment advice
Comments
No comments yet.