Bitcoin Whale Trader Up Over $20 Million In Unrealized Gains On $700 Million BTC, Pepe Positions
Posted On May 20, 2025
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.
The BTC portion alone is valued at $756 million, at an average entry price just shy of $105,000.
Bitcoin is trading above …
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