Gate News reports that on March 13, the overnight Nasdaq 100 index (NASDAQ 100) closed down 1.7%. The XYZ100 price on Hyperliquid is temporarily quoted at $24,570. As a result, a whale holding a 10x leveraged long position on XYZ100 on this platform turned from profit to loss, with an unrealized loss of $480,000. The current position size has decreased to $39.3 million, with an average entry price of $24,861. Over the past month, this whale has been consistently bearish on commodities and bullish on risk assets. Currently, they also hold a $8.8 million long position in BTC and a $5.23 million short position in crude oil (CL). Despite the Nasdaq long position experiencing a pullback, the overall intraday profit remains $120,000 due to hedging with a rebound in crude oil and an increase in BTC.
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