coin-img-XAUTXAUT+0.05%coin-img-HYPEHYPE-8.03%coin-img-PAXGPAXG+0.07%coin-img-WLFIWLFI-4.29%coin-img-ASTERASTER-2.08%coin-img-ONDOONDO-3.60%coin-img-ZAMAZAMA+1.39%coin-img-ETHETH-3.69%coin-img-XAUTXAUT+0.05%coin-img-HYPEHYPE-8.03%coin-img-PAXGPAXG+0.07%coin-img-WLFIWLFI-4.29%coin-img-ASTERASTER-2.08%coin-img-ONDOONDO-3.60%coin-img-ZAMAZAMA+1.39%coin-img-ETHETH-3.69%coin-img-XAUTXAUT+0.05%coin-img-HYPEHYPE-8.03%coin-img-PAXGPAXG+0.07%coin-img-WLFIWLFI-4.29%coin-img-ASTERASTER-2.08%coin-img-ONDOONDO-3.60%coin-img-ZAMAZAMA+1.39%coin-img-ETHETH-3.69%coin-img-XAUTXAUT+0.05%coin-img-HYPEHYPE-8.03%coin-img-PAXGPAXG+0.07%coin-img-WLFIWLFI-4.29%coin-img-ASTERASTER-2.08%coin-img-ONDOONDO-3.60%coin-img-ZAMAZAMA+1.39%coin-img-ETHETH-3.69%

Whale Opens $123M ETH Long on Hyperliquid After Previous $9.63M Loss

An unidentified on-chain address, identified as 0xa5b…, initiated a substantial 15x leveraged Ethereum (ETH) long position on the Hyperliquid platform on February 10. This position, valued at approximately $123 million and comprising 60,000 ETH, was established with an additional $7.5 million in margin, making it the largest ETH long on Hyperliquid, according to data from HyperInsight. This significant market move occurred merely one day after the same address had closed a similar long position, incurring a reported loss of $9.63 million. The rapid re-entry into a highly leveraged ETH long suggests a notable shift in strategy or conviction from the whale investor.
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