Trader 0xf081 closes $6.09m BTC, HYPE and ZEC longs, opens $42.9m ETH and HYPE longs
Lookonchain said the trader then opened fresh long positions worth about $33 million in ETH and $9.9 million in HYPE.
Key takeaways
- 1Trader 0xf081 lost $6.09 million closing BTC, HYPE and ZEC longs
- 2Trader opened $33 million ETH long and $9.9 million HYPE long
Trader 0xf081 closed long positions on Bitcoin, Hyperliquid token (HYPE) and Zcash, taking a loss of $6.09 million over the past six hours, Lookonchain reported.
After the closures, the wallet opened new long positions on 14,583 ETH, valued at roughly $33 million, and 117,871 HYPE tokens, worth about $9.9 million, according to the same on‑chain data.
Bitcoin (BTC) remains the market’s largest cryptocurrency, priced at $76,464 with a market value of $1.537 trillion. Ethereum (ETH) is the second‑largest, trading at $2,250.85 and valued at $275 billion. HYPE is the native token of the Hyperliquid exchange, priced at $83.15 and worth $19.9 billion, while Zcash (ZEC) is a privacy‑focused coin at $1,126.14 and a $19.2 billion market cap. All four assets rank within the top‑12 by market size.
The shift from BTC, HYPE and ZEC to larger ETH and additional HYPE exposure suggests the trader is reallocating risk toward assets with recent price momentum. Market participants will watch subsequent order flow for signs of broader sentiment changes, especially in ETH and HYPE markets, and monitor liquidity impacts on the closed positions.
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Reported and edited by the YourKhabri desk under our editorial policy. Nothing here is investment advice.