The Legend of Trader 0xc2a3 Grows
An anonymous trader known by the wallet address 0xc2a3 continues to dominate the crypto derivatives market with record-breaking long positions on Bitcoin (BTC) and Ethereum (ETH) through the Hyperliquid platform. The trader, who has gained notoriety for maintaining a perfect win record, has now expanded their exposure to unprecedented levels.
$299 Million in Leverage Across BTC and ETH
According to Hyperdash data, 0xc2a3 currently holds a $166 million long position on Bitcoin with 9x leverage, entering at $110,680 and a liquidation level at $81,678. Simultaneously, the trader has opened a $133 million long position on Ethereum at 5x leverage, with an entry at $3,897 and liquidation set at $2,596.
These aggressive entries come as both BTC and ETH show mixed market sentiment, indicating high confidence in an upcoming rally.
Perfect Record and Market Impact
What makes 0xc2a3 particularly remarkable is that they have never recorded a losing trade on Hyperliquid — a claim verified by on-chain analytics. Their performance has sparked widespread speculation among crypto traders and analysts, some suspecting insider knowledge or algorithmic precision behind their trading strategy.
The Broader Market Context
With Bitcoin hovering near the $110,000 mark and Ethereum climbing toward $4,000, the trader’s bold leverage positions could amplify profits — or losses — dramatically. The scale of 0xc2a3’s exposure also raises questions about potential ripple effects if liquidations occur, as their trades account for a significant portion of Hyperliquid’s open interest.
What’s Next for the Enigmatic Whale
Whether 0xc2a3 continues their flawless streak or finally meets market resistance remains to be seen. For now, their massive long bets underscore the growing dominance of high-stakes individual traders in shaping crypto market dynamics.
