On-chain Long EWY Hits Bullseye on South Korean Stock Market Rebound, with Position Return Rate Reaching 115%

BlockBeats News, March 5th, according to Coinbob Popular Address Monitor, the largest long whale (0x629) holding cash:EWY (iShares Korea ETF synthetic asset) on the Hyperliquid platform reportedly turned its position from loss to profit, with its unrealized gains expanding to $310,000 (115%). It currently holds a 20x leveraged long position with a position size of $6.42 million, an average price of $126, and this position was opened at 11:00 PM on March 3rd.

Reportedly, data from the EWY/USDC trading pair on Hyperliquid platform shows that the price rebounded after touching $122 yesterday afternoon, reaching a high point of $140 this morning, currently trading at $134, with a intraday gain of 6%.