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Whale Reduces Long ETH Position by 12,003.10 ETH on Hyperliquid, Cutting $36.9M Exposure

2025-07-14 15:27:56

Whale Reduces Long ETH Position by 12,003.10 ETH on Hyperliquid, Cutting $36.9M Exposure

Main Idea

A whale reduced its long Ethereum position by 12,003.10 ETH on Hyperliquid, maintaining a leveraged position with an unrealized gain amid market volatility.

Key Points

1. A wallet address (0x4a2) reduced its long ETH position by 12,003.10 ETH on Hyperliquid, worth approximately $36.96 million.

2. The trader still holds a 25x leveraged long ETH position valued at $21.23 million with an entry price of $2,990.

3. The position shows an unrealized gain of $301,000, highlighting market volatility and strategic portfolio adjustments.

Description

On July 14, HyperInsight data revealed a notable adjustment by the wallet address beginning with 0x4a2, which trimmed its long Ethereum (ETH) exposure on the Hyperliquid platform. The position was

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ETH