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On-chain EWY's largest long position hit the rebound of the Korean stock market, with a return on holdings reaching 115%
Mars Finance reports that on March 5th, according to Coinbob’s popular address monitoring, the largest long whale (0x629) holding cash:EWY (iShares Korea ETF mapped contract) on the Hyperliquid platform has turned a profit, with unrealized gains expanding to $310,000 (115%). They are currently holding a 20x leveraged long position with a size of $6.42 million, an average price of $126, established on March 3rd at 11 PM.
According to data from the EWY/USDC trading pair on Hyperliquid, its price rebounded after touching $122 yesterday afternoon, reaching a high of $140 this morning, currently at $134, with a daily increase of 6%.