BlockBeats message. On August 31, according to TradingBeats monitoring, the “20x chasing-long ETH whale” continuously added to its ETH long position in the early hours of today. It has cumulatively added approximately 5,088.97 ETH, with an average buy-in price of about $2,449.18, corresponding to a notional value of roughly $12.46 million.

As of the time of writing, the address holds 30,282.40 ETH long contracts, with a position value of about $73.14 million. It is the third-largest ETH long holder on Hyperliquid, with an opening average price of $2,134.45. The current unrealized profit is approximately $8.508 million, and the liquidation price is around $1,749.24.

It is reported that this whale’s current ETH long position was first established in the evening of August 19, with an average execution price of approximately $2,028.14. In addition, the address has a reduce-only limit sell order for 25,193.44 ETH at a price of $4,000.