BlockBeats News, February 24th, according to Coinbob Popular Address Monitoring, on-chain data shows that the largest ETH long whale (0xa5b…) currently holds a 15x leveraged ETH long position, with unrealized losses now expanded to $11.8 million, representing a loss of 138%. The current position size is about 70,000 ETH, equivalent to $127 million, with an entry price of $1991, making it the largest long position address for ETH on the Hyperliquid platform.Yesterday, this address significantly increased its position again at an average price of $1880, adding 10,000 ETH long, worth about $18.8 million. Since December last year, it has cumulatively deposited a net of $55 million into Hyperliquid, with the current account balance at around $34.3 million, and a total fund withdrawal of over $23.8 million in the past 30 days.This whale had previously established a billion-dollar ETH long position at the end of last year, which was entirely closed in February this year, with a position size of about 60,000 ETH. Since then, it has repositioned, continuing its trading style of high-volume buying low and selling high, and engaging in swing trading with a volume in the billion-dollar range.
