On February 10th, according to HyperInsight monitoring, a major ETH long whale on a certain chain (0xa5b…) transferred an additional $7.5 million in margin to Hyperliquid last night and this morning, completing the opening of a 15x leveraged ETH long position. It is now the largest ETH long position on Hyperliquid. The current position size is 60,000 ETH, approximately $123 million, with an average entry price of $2,059. It has an unrealized profit of $360,000 (about 4.6%), and the account still holds $33.46 million in margin. Previously, this address closed all its ETH longs held for about two months yesterday, resulting in a loss of approximately $9.63 million. The size of this closing position is comparable to the new position opened this time, both around 60,000 ETH. For this whale, the closing may be a risk reset of a failed position structure to establish a more reasonable margin structure, still maintaining a bullish outlook on ETH.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
The whale that suffered a loss of 9.63 million yesterday overnight rebuilt its ETH long position, with the holdings reaching $123 million.
On February 10th, according to HyperInsight monitoring, a major ETH long whale on a certain chain (0xa5b…) transferred an additional $7.5 million in margin to Hyperliquid last night and this morning, completing the opening of a 15x leveraged ETH long position. It is now the largest ETH long position on Hyperliquid. The current position size is 60,000 ETH, approximately $123 million, with an average entry price of $2,059. It has an unrealized profit of $360,000 (about 4.6%), and the account still holds $33.46 million in margin. Previously, this address closed all its ETH longs held for about two months yesterday, resulting in a loss of approximately $9.63 million. The size of this closing position is comparable to the new position opened this time, both around 60,000 ETH. For this whale, the closing may be a risk reset of a failed position structure to establish a more reasonable margin structure, still maintaining a bullish outlook on ETH.