Last night, that whale who spent 120 million USD to sweep 140,000 ETH seems to be determined to bottom fish. After the price didn’t continue to plummet, three hours ago, he added another 110 million USDC into Hyperliquid — this time not only increasing ETH positions but also sweeping BTC and SOL.
What is the current situation on the books? 230 million USD of principal leveraged to a market value of 555 million USD in long positions, with an overall leverage of only 2.3x. A conservative approach, but the size is enough to be intimidating. Currently, the unrealized profit is 8.95 million USD.
Breaking down the specific positions: · ETH long 140,000 (worth 453 million), average price 3,179 USD · BTC long 959 (worth 88.54 million), average price 91,502 USD · SOL long 100,000 (worth 13.7 million), average price 135.6 USD
The logic behind this move is straightforward — he’s betting that the market has ended its bottoming process. As for whether he will continue to add positions later, we’ll keep an eye on on-chain data and watch the show slowly.
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CodeZeroBasis
· 12-12 01:52
This whale is really ruthless, almost to the point of being a bagholder.
The funds from big investors are really not just money; throwing down eight figures is like playing.
This time adding positions in SOL is quite interesting, not just betting on ETH anymore.
Has it really bottomed out? I still feel a bit uneasy.
2.3x leverage isn't high at all, a safe approach.
This guy made 8.95 million, which is my annual salary.
If you ask me, it's just a gamble that prices will go up later. Do you dare to follow?
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TokenTaxonomist
· 12-12 01:50
per my analysis, 2.3x leverage on $555m position is almost *too* conservative—statistically speaking, this whale's risk profile suggests he's either terrified or knows something about market microstructure we don't
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NullWhisperer
· 12-12 01:49
so basically this whale just threw another 1.1B at it... 2.3x leverage on a 5.5B position, technically speaking that's almost boring conservative for someone moving that much liquidity lol
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GateUser-c802f0e8
· 12-12 01:47
Wow, this move is really bold. Going all-in like this, with 2.3x leverage and still so steady... What if it drops in the opposite direction?
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ProofOfNothing
· 12-12 01:47
Whoa, does this guy really dare to do that? 2.3x leverage and still so aggressive?
Has the bottom really been reached, or is he just setting us up?
Floating profit of over 9 million, if it reverses, it's all over.
This size is terrifying; let's see if he keeps going in the next moves.
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RugDocDetective
· 12-12 01:45
This whale really dares to gamble. A 2.3x leverage isn't considered aggressive, but a volume of 555 million definitely tops it.
Bought ETH at an average price of $3,179. This guy must be optimistic about a rebound, but who dares say there's no risk with such a large entry?
With such obvious on-chain activity, retail investors following the trend are probably going to get cut again.
There’s a big fish making moves again.
Last night, that whale who spent 120 million USD to sweep 140,000 ETH seems to be determined to bottom fish. After the price didn’t continue to plummet, three hours ago, he added another 110 million USDC into Hyperliquid — this time not only increasing ETH positions but also sweeping BTC and SOL.
What is the current situation on the books? 230 million USD of principal leveraged to a market value of 555 million USD in long positions, with an overall leverage of only 2.3x. A conservative approach, but the size is enough to be intimidating. Currently, the unrealized profit is 8.95 million USD.
Breaking down the specific positions:
· ETH long 140,000 (worth 453 million), average price 3,179 USD
· BTC long 959 (worth 88.54 million), average price 91,502 USD
· SOL long 100,000 (worth 13.7 million), average price 135.6 USD
The logic behind this move is straightforward — he’s betting that the market has ended its bottoming process. As for whether he will continue to add positions later, we’ll keep an eye on on-chain data and watch the show slowly.