The Bit-linked whale is building another ETH position… but this time, it’s taking things a little slower.
So far, the entity has put up around $26.88M in margin and opened longs on a total of 20,000 ETH.
The position is spread across three fresh wallets, with the combined ETH long now worth roughly $49.98M. Average entry? Around $2,485. Once everything is combined, it reportedly ranks as the 7th-largest ETH position on Hyperliquid.
What’s interesting is that this same entity previously went much bigger, building a 120,000 $ETH long. Compared to that, 20,000 ETH almost feels like a warm-up.
Maybe this is all they're planning to buy... or maybe they're just starting small and waiting to add more if the market gives them the chance.
Knowing how they traded last time, this could be only the first batch.
Addresses:
0xd9e7a8Ea48FB62cc9BdB2A4A7Befbc2675824aFf
0x0c5d0549a1f7ad185286a08bfc10f8e9a1c936b3
0xa9de65e6e288fa6ff806692c2464582efce3e049
So far, the entity has put up around $26.88M in margin and opened longs on a total of 20,000 ETH.
The position is spread across three fresh wallets, with the combined ETH long now worth roughly $49.98M. Average entry? Around $2,485. Once everything is combined, it reportedly ranks as the 7th-largest ETH position on Hyperliquid.
What’s interesting is that this same entity previously went much bigger, building a 120,000 $ETH long. Compared to that, 20,000 ETH almost feels like a warm-up.
Maybe this is all they're planning to buy... or maybe they're just starting small and waiting to add more if the market gives them the chance.
Knowing how they traded last time, this could be only the first batch.
Addresses:
0xd9e7a8Ea48FB62cc9BdB2A4A7Befbc2675824aFf
0x0c5d0549a1f7ad185286a08bfc10f8e9a1c936b3
0xa9de65e6e288fa6ff806692c2464582efce3e049
