Hyperliquid’s largest long whale is still holding on with absolutely no intention of retreat.
Currently, he holds long positions worth about $445 million, including roughly 120,000 ETH and 2,500 BTC. The position size is astonishing: ETH’s average entry price is about $2,261, and BTC’s average cost basis is around $69,560.
What’s even more worth关注 is that last night, when Bitcoin briefly dropped to around $59,000, most people panicked and exited. This whale, however, bought another 500 BTC near $59,261 through 3 wallets, adding nearly $30 million, choosing to go against the trend and increase his position.
Of course, going against the trend has a steep price. Based on current prices, this whale’s unrealized loss is already more than $110 million. But even so, he still hasn’t cut down his position—he continues to add more. In the end, will faith bring victory, or will carrying a heavy position come at a cost? The market will decide next.
$BTC $ETH
Currently, he holds long positions worth about $445 million, including roughly 120,000 ETH and 2,500 BTC. The position size is astonishing: ETH’s average entry price is about $2,261, and BTC’s average cost basis is around $69,560.
What’s even more worth关注 is that last night, when Bitcoin briefly dropped to around $59,000, most people panicked and exited. This whale, however, bought another 500 BTC near $59,261 through 3 wallets, adding nearly $30 million, choosing to go against the trend and increase his position.
Of course, going against the trend has a steep price. Based on current prices, this whale’s unrealized loss is already more than $110 million. But even so, he still hasn’t cut down his position—he continues to add more. In the end, will faith bring victory, or will carrying a heavy position come at a cost? The market will decide next.
$BTC $ETH