DOGE Rises Nearly 10% in a Day as Whale Margin Trades for 41.6 Million DOGE

BlockBeats News, April 29th, according to Hyperinsight monitoring, the afternoon surge of DOGE continued, with a temporary spike reaching $0.11, further expanding the 24-hour gain to 10%. The daily trading volume of DOGE on Hyperliquid reached $57.31 million.

During the market rally, in the past 20 minutes, an active whale on Hyperliquid who had opened long positions 52 times within the month chased the rise, opening a leveraged long position on DOGE at 10x leverage. The position size was 41.67 million tokens, equivalent to $4.5 million, with an average entry price of $0.10765, becoming the largest long position address for DOGE on the current Hyperliquid platform.

Address: 0x8d0e342e0524392d035fb37461c6f5813ff59244