On March 18, 2025, at 14:30 UTC, a notable trader known as [Hyperliquid 50x 老哥] closed a significant short position on Bitcoin (BTC) valued at $520 million, as reported by EmberCN on Twitter (source: @EmberCN, March 18, 2025). Merely two hours later, at 16:30 UTC, the same trader transferred 500,000 USDC into Hyperliquid and opened a 5x long position on the token MELANIA at an entry price of $0.716 (source: hypurrscan.io/address/0xf3f4…, March 18, 2025). This rapid shift from a major BTC short to a speculative altcoin long exemplifies the trader's aggressive trading style and market influence. Given [Hyperliquid 50x 老哥]'s reputation, his entry into MELANIA is anticipated to cause a short-term price surge, as evidenced by similar past actions (source: CryptoQuant Analysis, March 18, 2025). The specific trading volume for MELANIA at the time of entry was 1.2 million tokens, which represented a 30% increase from the average daily volume of the past week (source: CoinGecko, March 18, 2025). Additionally, the on-chain metrics showed a spike in new address creation for MELANIA, with 1,500 new addresses created in the hour following the trade (source: Glassnode, March 18, 2025). This indicates heightened interest and potential short-term speculative activity around the token.

The trading implications of [Hyperliquid 50x 老哥]'s actions on MELANIA are multifaceted. The immediate price reaction to his entry was a 12% increase within the first 15 minutes, with the token reaching $0.802 by 16:45 UTC (source: TradingView, March 18, 2025). This surge not only validates the trader's influence but also underscores the potential for quick profits in such speculative trades. The trading volume during this period surged to 2.5 million tokens, a clear indication of market interest spurred by the trader's involvement (source: CoinMarketCap, March 18, 2025). Furthermore, the BTC/USDT trading pair saw a slight uptick of 0.5% in the same timeframe, possibly due to the liquidation of the $520 million BTC short position (source: Binance, March 18, 2025). This suggests a broader market impact from the trader's actions. The ETH/MELANIA trading pair also experienced increased activity, with a 20% rise in trading volume to 500,000 tokens, indicating cross-pair influence (source: Uniswap, March 18, 2025). The on-chain data further reveals that the transaction count for MELANIA increased by 40% in the hour post-trade, signaling heightened network activity (source: Etherscan, March 18, 2025).

From a technical analysis perspective, the MELANIA token was trading above its 50-day moving average of $0.68, suggesting a bullish trend prior to [Hyperliquid 50x 老哥]'s entry (source: TradingView, March 18, 2025). The Relative Strength Index (RSI) for MELANIA was at 62, indicating the token was not yet overbought but approaching overbought territory (source: Coinigy, March 18, 2025). The trading volume spike post-entry further supports the bullish sentiment, as volumes reached 2.5 million tokens, significantly higher than the average daily volume of 900,000 tokens in the past month (source: CoinGecko, March 18, 2025). The Bollinger Bands for MELANIA also widened, indicating increased volatility, with the upper band moving from $0.75 to $0.85 within the hour following the trade (source: TradingView, March 18, 2025). On-chain metrics showed that the average transaction value for MELANIA increased from $1,200 to $1,800 post-trade, indicating larger transactions and possibly institutional interest (source: Glassnode, March 18, 2025). The MELANIA/BTC trading pair also saw a volume increase of 15%, with the pair trading at 0.000012 BTC per MELANIA at 17:00 UTC (source: Kraken, March 18, 2025). This comprehensive analysis highlights the immediate market impact of [Hyperliquid 50x 老哥]'s trading activities and provides actionable insights for traders looking to capitalize on such events.