Largest Onchain ETH Long Holder Faces $11.8M Unrealized Loss, Adds $18.8M Position

The largest onchain ETH long holder held a 15x leveraged position with $11.8 million in unrealized losses as of Feb. 24, Coinbob Popular Address Monitoring data show. The position totals approximately 70,000 ETH (worth around $127 million), the largest long on Hyperliquid. On Feb. 23, the holder added 10,000 ETH at an average price of $1,880, worth approximately $18.8 million.