The whale who went 25x long on ETH yesterday is currently sitting on an unrealized profit of about $8 million.
According to Jinse Finance, monitored by Onchain Lens, as the market continues to recover, the whale who heavily invested in ETH long positions with 25x leverage yesterday has successfully broken even and is now floating a profit of approximately $8 million, with a cumulative profit of $5.8 million. According to previous news, address 0xb9f...6d365 deposited 9.5 million USDC as margin to Hyperliquid, then opened a 25x long position of 18,960.93 ETH, worth $70.76 million, with an entry price of $3,717.76 and a liquidation price of $3,282.87.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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