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Home News Korean ETF Long on-chain and Circle’s Largest Long Position Both Bought the Dip at the Beginning of the Month, with Unrealized Gains of Nearly $2 Million

Korean ETF Long on-chain and Circle's Largest Long Position Both Bought the Dip at the Beginning of the Month, with Unrealized Gains of Nearly $2 Million

Korean ETF Long on-chain and Circle’s Largest Long Position Both Bought the Dip at the Beginning of the Month, with Unrealized Gains of Nearly $2 Million

BlockBeats News, March 18th, according to Coinbob Top Address Monitor data, boosted by the South Korea KOSPI index’s 5.04% gain today, the iShares South Korea ETF (EWY) also rose to $134.4, with after-hours trading seeing an expansion to 3.1%. The EWY contract price on Hyperliquid is currently at $139, with a 24-hour gain of 6.2%. Additionally, CRCL saw an intraday gain of 6.4%, currently at $134.3.

Both the top long whales for EWY and CRCL on the platform (0x629) have seen their total unrealized gains expand to nearly $2 million. The address had accumulated long positions at a low price on March 5th, with the following major holdings:

Long positions in the 20x xyz:EWY and cash:EWY mapping contracts: holding approximately $6.95 million, average price $127, unrealized gains of $520,000, and a return rate of about 170%.

Long position in 10x CRCL (Circle): holding approximately $8.5 million, average price $111.2, unrealized gains of $1.45 million, and a return rate of 205%.

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