A whale is considering a long position after news of Jupiter's decision to halt JUP repurchases, with the current position size at $1.15 million
BlockBeats News, January 4th, according to Hyperinsight monitoring, a new whale address (0x7110) deposited approximately $5.5 million into Hyperliquid in the past 24 hours, then opened low-leverage long positions for BTC, SOL, AAVE, and JUP, with a current total position size of $12.03 million. It is worth noting that the timing of this fund transfer and JUP position opening coincided with the news of "Jupiter Genesis considering halting JUP buyback," possibly betting on a long-term increase in JUP. The current holdings of this address are as follows:
3x BTC Long: Position size $8.91 million, unrealized gain $7149, average price $91,000, liquidation price $62,000;
3x SOL Long: Position size $1.26 million, unrealized gain $19,000, average price $134.4, liquidation price $90.58;
3x JUP Long: Position size $1.15 million, unrealized loss $2175, average price $0.212, liquidation price $0.148;
3x AAVE Long: Position size $720,000, unrealized loss $5410, average price $164.2, liquidation price $116.1.