According to Hyperinsight, BIT-linked whale addresses accumulated approximately 25,000 ETH (roughly $56 million) on April 30 through three coordinated addresses. The average entry price was around $2,240 per ETH. Following this accumulation, the combined long positions across the three addresses now exceed $204 million, with an unrealized loss of approximately $2.02 million.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
Polygon, Polkadot Ship April Upgrades; Ethereum Plans Glamsterdam
April Blockchain Upgrades: Live Forks and Planning Phases
In April 2026, blockchain protocols took divergent paths—some delivering live mainnet changes, others refining future architectures. Polygon's Giugliano hard fork activated on April 8, Polkadot executed Runtime v2.1 through governance in la
CryptoFrontier2m ago
Ethereum Spot ETFs See $87.72M in Outflows on April 29, Led by Fidelity
According to Trader T, Ethereum spot ETFs saw net outflows of $87.72 million on April 29. Fidelity FETH led with $48.37 million in outflows, followed by BlackRock ETHA with $37.06 million, while BlackRock ETHB saw $2.3 million in outflows.
GateNews38m ago
Whale Shorts 14,500 ETH on Hyperliquid with 20x Leverage, Profits $500K in 1 Hour on April 30
According to Hyperinsight monitoring, on April 30, a whale address on Hyperliquid opened a 20x leveraged short position of 14,500 ETH, valued at approximately $32.5 million, with an average entry price of $2,272. The position was entered near the daily intraday high, generating over $500,000 in
GateNews57m ago
Ant Digital's zkDTVM Breaks Ethereum EthProofs Record with 3.7-Second Block Proof Speed
According to BlockBeats, Ant Digital's self-developed zero-knowledge proof virtual machine zkDTVM achieved a block proof speed of 3.7 seconds on April 30 in Ethereum's global benchmark EthProofs, breaking the previous industry record of 4.2 seconds and securing the top global ranking under unified h
GateNews1h ago
Huang Licheng loses $3.29 million in a week, still holding long positions in ETH and BTC
According to data published by on-chain monitoring platform Lookonchain on April 30, crypto trader Huang Licheng (@machibigbrother) turned from profit to loss over the past week, with losses of about $3.29 million. Lookonchain data shows that Huang Licheng currently holds 8,500 ETH and 152 BTC on the decentralized perpetual contracts platform Hyperliquid.
MarketWhisper1h ago
Delphi Digital Backtest: BTC median returns over the past five years were more than 8x, with no losses for ETH
According to analysis published on X by cryptocurrency research firm Delphi Digital on April 30, backtest results since holding since May 2016 show that after accounting for staking rewards, ETH and SOL have had no negative returns across all five-year holding periods; in the worst case, BTC has lost about 13%. BTC’s five-year median return is more than 8x, and ETH’s five-year median return is close to 13x.
MarketWhisper2h ago