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JUST IN: $10 billion Hyperunit whale has started closing shorts – Arkham.

A $10B whale identified by Arkham as Hyperunit has begun closing short positions, signaling a potential shift in market sentiment.

  • Hyperunit whale starts unwinding massive shorts
  • Arkham reports move involving $10B in capital
  • Could signal a shift in crypto market direction

📉 Massive Whale Unwinds $10B Short Positions

In a major market development, blockchain analytics firm Arkham has identified that a whale entity tagged as “Hyperunit”, with an estimated portfolio of $10 billion, has begun closing large short positions. The move has caught the attention of traders and analysts across the crypto space, with many interpreting it as a possible signal of a market trend reversal.

Short positions are typically used to profit from falling prices. So when a player of this size starts to unwind those positions, it often implies reduced confidence in further downside—or preparation for a more bullish market stance.

🔍 What We Know About Hyperunit

The identity behind the Hyperunit wallet remains unknown, but its size and activity indicate it is either a large institutional player or a consortium of high-net-worth individuals. Arkham’s on-chain intelligence shows a clear pattern of well-timed short entries and exits, suggesting advanced market insight and strategy.

The latest activity includes the gradual unwinding of several large short trades across top crypto assets, with Ethereum and Bitcoin likely being part of the basket. While it’s unclear whether the positions have been fully closed, the shift has sparked immediate reactions in derivative markets, with short interest declining notably after the news broke.

📊 What It Means for the Market

When large whales like Hyperunit adjust their positioning, markets often react quickly. If this whale is indeed reducing bearish exposure, we could see upward momentum or at least reduced sell pressure in the short term.

Traders are now closely watching for confirmation signals—such as increased long interest or accumulation on-chain. This could mark the early stages of a broader market recovery or a cautious repositioning ahead of major macroeconomic events or crypto-specific catalysts.

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Disclaimer: The content on CoinoMedia is for informational purposes only and does not constitute financial, investment, or legal advice. Cryptocurrency investments carry risks, and readers should conduct their own research before making any decisions. CoinoMedia is not responsible for any losses or actions taken based on the information provided.

Isolde Verne

Isolde Verne is a passionate crypto writer, focusing on blockchain innovation, NFT ecosystems, and the societal impact of decentralized systems. Her engaging style bridges the gap between technology and everyday understanding.

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