The whale betting on BTC to outperform HYPE recorded another loss, as HYPE rebounded, leading to a weekly loss of over $1.9 million.

MarsBitNews · 2026-04-13T03:37:37+00:00

On April 13th, Mars Finance reported that, affected by a slight pullback in BTC, HYPE followed the decline but regained the $41 level. Long-term BTC bulls are under pressure, with funds pulling back $1.9 million this week. Currently, they hold large long and short positions, with a net loss of approximately $1.32 million.

MarsBitNews

2026-04-13 03:37:37

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Mars Finance News, on April 13, according to monitoring by Hyperinsight, after today’s slight dip in BTC, HYPE tracked down briefly and then rebounded to stand above $41 again. The “go-long BTC vs. altcoins to withstand drawdowns” whale, which profits from a long-BTC exchange-rate strategy over the long term, is facing renewed pressure, with funds withdrawing a total of $1.9 million this week. The address currently holds: BTC long positions (40x leverage): size of $30.06 million, average price of $70,557; HYPE short positions (5x leverage): size of $23.03 million, average price of $38.93. It began deploying positions during HYPE’s previous round of surge and completed all position building on March 20, with a combined size of approximately $53 million. Since opening the position, both the long and short sides have calculated a net unrealized loss of about $1.32 million, and the portfolio has not yet realized a positive return. Address: 0x939f95036d2e7b6d7419ec072bf9d967352204d2

BTC-1.28%

HYPE1.76%

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