The Trader Who Made $55M Going Long Just Doubled Down on $ETH .
This wallet has already made around $55.095M from previous ETH longs... and now it's back for another round. As ETH was dropping, a new wallet opened an 8,000 ETH long at around $2,440.49.
Then the trader added even more.
The position has now grown to 29,500 ETH, with a total value of roughly $72M, making it the 5th-largest ETH position on Hyperliquid.
But the timing hasn't worked out so far. What was once sitting in profit has now flipped into a floating loss of around $1.042M.
Still... after banking $55M from longs before, this trader clearly isn't afraid to step back in and buy the dip.
Now the big question is ... will this trade play out like the last one?
Address: 0x6c93641c0a049a171bf80b34d639c51c31b259a4
This wallet has already made around $55.095M from previous ETH longs... and now it's back for another round. As ETH was dropping, a new wallet opened an 8,000 ETH long at around $2,440.49.
Then the trader added even more.
The position has now grown to 29,500 ETH, with a total value of roughly $72M, making it the 5th-largest ETH position on Hyperliquid.
But the timing hasn't worked out so far. What was once sitting in profit has now flipped into a floating loss of around $1.042M.
Still... after banking $55M from longs before, this trader clearly isn't afraid to step back in and buy the dip.
Now the big question is ... will this trade play out like the last one?
Address: 0x6c93641c0a049a171bf80b34d639c51c31b259a4
