
Apr 07, 07:35

SOC Team
Smart '50x ETH' whale opened a long ETH position on Hyperliquid
Related addresses
Total tokens transferred

47.253K
ETH

4.52M
USDC
The '50x ETH' whale just bridged 4.52M USDC into Hyperliquid via a new wallet and opened a 20x leveraged long ETH position at $1,459 after 15 days of inactivity:
- current address: 0x51d99a4022a55cad07a3c958f0600d8bb0b39921
- previous address: 0xf3f496c9486be5924a93d67e98298733bb47057c
Currently, this whale's position has grown to 47,253 ETH ($69M) and will be liquidated at $1,391.7.
In the past 24 hours, the ETH price has dropped 18.15%, hitting a new 1-year low. Will this whale also make a profit this time?
Fig 1. The current long ETH position of the '50x ETH' whale.