Whale "0x049" Closes Leveraged Positions on ETH and BTC with $598,369 Loss

ETH3,17%
BTC1,16%
USDC0,01%

Gate News bot message, The trader known as “0x049” has fully exited long positions in $ETH and $BTC, recording a loss of $598,369. The total loss for this whale reaches $510,560. Previously, according to Onchain Lens on February 18, 2026, whale “0x049” had deposited $1.765M in $USDC into HyperLiquid and opened $ETH and $BTC long positions with 20x leverage, holding 9,411.33 $ETH ($18.59M) and 260.11 $BTC ($17.49M).

Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to Disclaimer.

Related Articles

BTC, ETH Bleed but XRP Shines as $414M Exit Sparks Market Anxiety: CoinShares

After five straight weeks of inflows, digital asset investment products turned negative during the previous one, with $414 million in outflows. Investors are becoming more cautious due to the Iran conflict and growing concerns around inflation, according to CoinShares. Expectations for the June

CryptoPotato1m ago

Alternative Crypto Investments During a Bitcoin Crash? Bitcoin Everlight Draws Interest

Bitcoin broke below $88,000 on January 26, losing both psychological and technical support as selling pressure intensified. But the pain didn’t stop there, and then slid to intraday lows near $86,000, extending losses across the broader crypto market. This took place after geopolitical

CryptoPotato5m ago

MARA Sells 15,133 BTC as Stablecoin Market Cap Drops $1.27B

Gate News bot message, according to Lookonchain Weekly Report for March 23-29, 2026, liquidity and activity weakened during the week. The stablecoin market decreased by $1.27 billion, while centralized exchange volumes declined sharply. MARA led the sell pressure by offloading 15,133 BTC, valued at

GateNews6m ago

Why is Bitcoin Going Down? Bitcoin Everlight Launches Solution for Miners Facing Liquidation Challenges

Bitcoin experienced another significant decline as leverage unwinds across derivatives markets and miners’ balance sheets tighten. Price weakness below $90,000 has coincided with elevated liquidation volume and thinning liquidity, resulting in a crash toward $82,000. Within this environment, Bitc

CryptoPotato16m ago
Comment
0/400
No comments