A whale known in market tracking circles as the "20x ETH long whale" added to its Ether position again in the early hours of Aug. 31, according to TradingBeats. The address increased its ETH long by about 5,088.97 ETH at an average entry of roughly $2,449.18, equal to a notional value of about $12.46 million. At publication time, the wallet was holding a 30,282.40 ETH long worth about $73.14 million on Hyperliquid, ranking as the platform’s third-largest ETH long position. The average entry price for the overall position stood at $2,134.45, with unrealized profit of about $8.508 million and a liquidation price near $1,749.24. TradingBeats data also showed that the whale’s current round of ETH long positioning began on the evening of Aug. 19, when the earliest fills were recorded at about $2,028.14. In addition, the address has placed a reduce-only limit sell order for 25,193.44 ETH at $4,000.
BlockBeats reported on Aug. 31 that, according to TradingBeats monitoring, the whale widely referred to as the "20x ETH long whale" added to its Ether long position several times during the early hours of the day.
The address accumulated about 5,088.97 ETH in additional long exposure at an average price of roughly $2,449.18, representing a notional value of about $12.46 million.
As of publication, the wallet held a 30,282.40 ETH long position worth about $73.14 million, making it the third-largest ETH long on Hyperliquid. The overall average entry price was $2,134.45, with unrealized profit of about $8.508 million and a liquidation price near $1,749.24.
TradingBeats data showed that this round of ETH long positioning was first opened on the evening of Aug. 19, when the earliest trades were filled at about $2,028.14.
The address also has a reduce-only limit sell order in place for 25,193.44 ETH at $4,000.
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