On-chain CRCL Maximum Long Position Unrealized PNL Widens to $450,000, Concurrent Korea ETF Long Position Shows 26% Unrealized Gains

BlockBeats News, March 11th, according to Coinbob Popular Address Monitor, CRCL (Circle) has seen a continuous price surge in the past two days, with today's intraday high reaching $121. On Hyperliquid, the contract is currently trading at $117.

The largest long position address on the platform has seen its unrealized gains expand to $460,000 (38%), with a position size of $4.33 million and an average price of $104. This position was opened 5 days ago, and over the following days, the address continued to add to its long position near $102.

Reportedly, this address is also the largest long holder of on-chain EWY (Korea ETF), with a position size of about $6.5 million and an average price of $128. It bet on a price rebound after a major drop in the Korean stock market, and is currently seeing an unrealized gain of 26%, with a weekly profit of $850,000.