"The former PEPE whale, now the biggest ETH bull, added to their long position to lower their average price, currently facing a $530,000 unrealized loss."
BlockBeats News, January 30, according to HyperInsight monitoring, the "former PEPE whale" continued to increase its position today in an ETH long on Hyperliquid. Currently, the whale is long 7339.71 ETH with 5x leverage, bringing the average entry price down to $2810.01, with a current unrealized loss of $530,000.
This address was previously the largest long position holder of kPEPE on Hyperliquid, eventually closing the position with a profit of $963,600.
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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