Whale unloads 1,500 ETH, adds $3.5M margin as $107M ETH long slips $4.8M into the red

Odaily Planet Daily reported, citing onchain analyst Ai Yi, that a major trader holding a 45,000 ETH leveraged long trimmed risk by selling 1,500 ETH and injecting $3.5 million in additional margin. Onchain data shows the whale sold 1,500 ETH about two hours ago, locking in roughly $618,000 in profit. The proceeds were converted to USDC and deposited as margin on Hyperliquid. The position now stands at roughly $107 million in ETH longs with an unrealized loss of $4.8 million. The latest liquidation price is $2,173.36, leaving just $207 of cushion before liquidation.

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