Monitoring data from TradingBeats, formerly Hyperinsight, shows that a wallet labeled as a suspected “819 insider whale” has not sold any ETH since opening a large leveraged long shortly before Ethereum’s rally began on Aug. 19. The position, opened with a reported $38.72 million allocation about one hour before ETH started moving higher, is now showing an unrealized profit of $11.5 million.
As of publication, ETH was trading at $2,509.8, up about 29.6% from the wallet’s entry price of $1,936. The address is still holding a full 4x leveraged long position in 20,000 ETH, with the total long valued at about $50.196 million and a reported return of 118.6%.
TradingBeats said the newly activated address received $20 million in three transfers from the same source address within about two minutes on Aug. 19. It then opened the 20,000 ETH long at 20:52, roughly one hour before ETH entered its main upward move. No additional buys, reductions, take-profit orders, or stop-loss orders have appeared on the position so far.
A wallet tracked by TradingBeats, formerly Hyperinsight, and described as a suspected “819 insider whale” is still holding its ETH long without selling a single token, with unrealized profit now at $11.5 million, according to a BlockBeats report published on Aug. 25.
The position was first flagged after the wallet made a one-time $38.72 million bet about one hour before ETH began its rise on Aug. 19. At the time of publication, ETH was quoted at $2,509.8, up about 29.6% from the whale’s entry cost of $1,936.
The address continues to hold a full 4x leveraged long on 20,000 ETH. The long position is now valued at about $50.196 million, with a reported return of 118.6%.
TradingBeats said the new address was activated on Aug. 19 and received $20 million in three transfers from the same source address within about two minutes. It then opened the 20,000 ETH long at 20:52, roughly one hour before ETH entered its main leg higher.
So far, the wallet has shown no increase or reduction in position size, and no take-profit or stop-loss orders have appeared. TradingBeats also said its on-chain perpetuals and address analysis tool is now live, supporting real-time Hyperliquid data and tracing whale activity from wallet funding sources to trade execution.
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