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 ME News, on March 5th (UTC+8), Coinbob's hot address monitoring shows that a whale 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 Circle's on-chain stock price initially surged from $62 to $90, with the whale continuously building long positions in the $89-$84 range. According to Hyperliquid data, Circle's on-chain stock price surged again from around $80 on March 2nd, reaching a high of $106, and is currently trading at $105. This whale, after accumulating positions in batches during the price consolidation period, has successfully captured the second round of upward movement, currently holding a floating profit of $370,000 (23%). Furthermore, in the past hour, a trader with the address starting with 0x467 entered a long position in CRCL with 10x leverage at an average price of $104, holding a position of $1.14 million with an extremely narrow liquidation range at $98.8. (Source: ME)