Whale Reduces Long ETH Position by 12,003.10 ETH on Hyperliquid, Cutting $36.9M Exposure
2025-07-14 15:27:56
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
$ETH
$2948.55
-2.90%
$HYPE
$47.186
-4.93%
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