Circle's major bullish investors recently established positions at an average price of $87, capturing the second round of its stock price increase.

According to Mars Finance, on March 5th, Coinbob's hot address monitoring showed that a whale with the address starting with 0xbcd currently holds a 10x leveraged long position in CRCL (Circle mapping contract), with a position size of $2.2 million and an average price of $87.1, making it the largest long position in CRCL on the Hyperliquid platform. It also holds 13 other positions in cryptocurrencies and on-chain stocks, with a total position size of $21.6 million. This position was opened on February 27th, during the pullback period after the initial surge in Circle's on-chain stock price from $62 to $90, with the whale continuously building long positions in the $89-$84 range. According to Hyperliquid data, the Circle on-chain stock price surged again from around $80 on March 2nd, reaching a high of $106, and is currently trading at $105. After building positions in batches during the price consolidation period, this whale has successfully captured the second round of upward movement, and its current unrealized profit is $370,000 (23%). In addition, in the past hour, a trader with the address starting with 0x467 entered the market at an average price of $104, opening a CRCL long position with 10x leverage, with a position size of $1.14 million and a very narrow liquidation range at $98.8.