On-chain ETH maximum long floating loss has expanded to approximately $12 million, with recent additional purchases bringing the total position size to $127 million.

GateUser-6433627c · 2026-02-24T06:16:05+00:00

On February 24th, an on-chain ETH whale holds a 15x leveraged ETH long position, currently with an unrealized loss of $11.8 million, holding approximately 70,000 ETH with an average entry price of $1,991. Recently, the whale increased their holdings by 10,000 ETH at an average price of $1,880, with a total net deposit of $55 million. The account funds amount to approximately $34.3 million, with a drawdown of over $23.8 million in the past 30 days.

GateUser-6433627c

2026-02-24 06:16:05

Abstract generation in progress

On February 24, according to Coinbob’s popular address monitoring, the on-chain ETH largest long whale (0xa5b…) currently holds a 15x leveraged ETH long position. The unrealized loss has expanded to $11.8 million, with a loss of 138%. Its current holdings are about 70,000 ETH, approximately $127 million, with an average entry price of $1,991, making it the largest long position address on the Hyperliquid platform. Yesterday, this address added significantly to its position at an average price of $1,880, increasing its ETH long position by 10,000 ETH, worth about $18.8 million. Since December last year, it has net deposited $55 million into Hyperliquid. Currently, the account funds are about $34.3 million, with a total fund withdrawal of over $23.8 million in the past 30 days. This whale previously established ETH long positions worth over $100 million at the end of last year and closed all positions in February this year, holding about 60,000 ETH. Since then, it has re-entered the market, continuing its trading style of high buy and low sell, taking advantage of market swings with over $100 million in volume.

ETH-4,75%

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