Multiple whales bottom-fishing SOXL turn profitable, with the largest long position recording a 70% return in half a day.

BlockBeats news, October 19 - According to TradingBeats monitoring, the SOXL contract on Hyperliquid rose about 9.3% in the past 24 hours, temporarily reported at $101.18, reclaiming the $100 mark.

After the semiconductor sector experienced a significant correction earlier, those who bought at low levels during the pullback quickly gained paper profits. Currently, the top three SOXL long positions are all held by recent bottom-fishers, with a combined position value of approximately $8.964 million and total unrealized gains of about $682,000.

Among them, the largest long position (0x30af) holds 38,529 SOXL long contracts, with a position value of approximately $3.898 million, an average price of $94.26, and unrealized gains of about $266,000 after half a day of holding. This position uses 10x isolated leverage, with a liquidation price of approximately $89.39.

boredbit.eth (0x053f) holds 32,719.3 long contracts, with a position value of approximately $3.31 million, an average price of $92.28, and current unrealized gains of about $291,000. It also uses 10x isolated leverage, with a liquidation price of approximately $87.

A whale (0xbb47) holds 17,356 long contracts, with a position value of approximately $1.756 million, an average entry price of $93.97, and current unrealized gains of about $125,000. It uses 3x isolated leverage, with a liquidation price of approximately $70.91.