On-chain ETH maximum long floating loss has expanded to approximately $12 million, with recent additional purchases bringing the total position size to $127 million.

ETH-0,78%

BlockBeats News, February 24 — According to Coinbob’s popular address monitoring, the largest on-chain ETH bull whale (0xa5b…) currently holds a 15x leveraged ETH long position. The unrealized loss has expanded to $11.8 million, with a loss of 138%. Its current holdings are approximately 70,000 ETH, worth about $127 million, with an average entry price of $1,991. This is the largest ETH long position address on the Hyperliquid platform.

Yesterday, this address increased its ETH position significantly again, adding 10,000 ETH at an average price of $1,880, totaling about $18.8 million. Since December last year, it has deposited a net total of $55 million into Hyperliquid. Currently, the account funds are about $34.3 million, with a total fund withdrawal of over $23.8 million in the past 30 days.

This whale previously established an ETH long position worth over $100 million at the end of last year and closed it all in February this year, with a position size of about 60,000 ETH. Since then, it has re-entered the market, continuing its trading style of high buy and low sell, taking advantage of market swings with over $100 million in volume.

View Original
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

neoyokio.eth Whale holds 4x leverage ASTER long position with $2.7 million unrealized gains, return rate 56.4%

neoyokio.eth whale's ASTER long position on Hyperliquid platform has expanded unrealized gains to $2.7 million with a return rate of 56.4%. After the whale's initial entry at $0.69, it added positions against the trend, reducing the average holding cost to $0.636. Recently ASTER surged to $0.78, now pulling back to $0.737.

GateNews12m ago

Ethereum Open Interest Continues to Grow, Derivatives Market Liquidity Continues to Flow In

Gate News update: On March 18, CryptoQuant posted on the X platform stating that Ethereum's open interest shows a continuous growth trend, indicating sustained liquidity inflows into the derivatives market. The institution believes this trend supports the stability of Ethereum's uptrend rather than short-term volatility.

GateNews23m ago

Vitalik Buterin Proposes Streamlined Ethereum Concept, ETH Expected to Balance Speed and Security

Ethereum co-founder Vitalik Buterin proposed the concept of "Ethereum Lite," aiming to simultaneously enhance network speed and security through a dual-system architecture that strengthens network resilience. This upgrade could potentially change the standards for evaluating blockchain performance, with the community responding positively and focusing on future practical performance metrics. Success would establish a differentiated advantage for ETH.

GateNews29m ago

Ethereum Returns to $2,300: Whales Accumulate 540,000 ETH, Exchange Inflows Drop to 10-Month Low

Ethereum's price rebounded above $2,300 on March 18, primarily driven by whale purchases and net exchange outflows. On-chain data shows investors have reduced their selling pressure, with supply tightening. Technical indicators reveal short-term resistance at $2,380 to $2,400, with support near $2,320. The futures market is also displaying positive signals.

GateNews38m ago

A certain whale recharged 4007 ETH again 3 hours ago, with cumulative losses exceeding $5.8 million within two months

On March 18, a whale address cut losses after building a position of 12,217 ETH two months ago, subsequently reducing holdings by 3,203 ETH and transferring 4,007 ETH to an exchange. The address currently remains in an unrealized loss of $2.048 million.

GateNews41m ago
Comment
0/400
GateUser-1a8287a7vip
· 02-24 06:23
Hop on board!🚗
View OriginalReply0