The most loyal XPL whale on-chain initiated a long position on the eve of "10.11", depositing a total of 6.7 million funds to hold the position up to now.
BlockBeats News, February 25th, according to Coinbob Popular Address Monitor data, Hyperliquid's XPL largest long position holder (0xf47) has experienced a more than four-month, 137-day long-lasting "hardcore battle".
On the eve of the major drop on October 11, 2025, this address established a 5x leveraged XPL long position at an average price of $0.724, either trying to bottom-fish to capture the next round of XPL price increase. However, the market plummeted right after the position was opened, leading to a "left-side entry," plunging the address into a long-term hodling. Since October last year, he has cumulatively deposited about $6.7 million into Hyperliquid, continuously adding margin, averaging down the cost, and continuously replenishing ammunition for this contrarian position.
137 days and nights have passed, with no improvement in the XPL price. The average holding price has been reduced to $0.176, but the unrealized loss is still as high as $3.46 million, with a loss percentage of 507%, exceeding the initial margin. It is worth noting that during this period, he has not opened any new positions — all his chips are on this one bet.
From late autumn to early spring, he is still waiting for a turnaround.
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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