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Two highly correlated addresses synchronize to bullishly view the Korean market, with the total long position in EWY reaching $3.7 million
Mars Finance News, March 10 — According to Hyperinsight monitoring, the iShares Korea ETF (EWY) closed up 5.6% this morning, currently at $133.89. During the market closure, Hyperliquid experienced significant fluctuations in EWY contract prices, with a low of $128 and now at $133. During this period, two highly correlated addresses (0x42e, 0xb58) simultaneously chased gains on EWY with low leverage. As of now, the combined holdings of these two addresses amount to $3.7 million, with an average entry price of $133.97, currently showing a slight unrealized loss of about $30,000 (-2%).