BlockBeats news, February 27 — According to Coinbob’s popular address monitoring, after experiencing a liquidation in the previous round, the address has initiated a new round of ETH long positions. Recently, approximately $250,000 was deposited into this address to establish an ETH long position, which was then gradually increased to $13.5 million over three days through rolling over positions.
Currently, it holds a 25x leveraged ETH long position with an average entry price of $1,945, with an unrealized profit of about $320,000 (60%), and a liquidation price of approximately $1,938, with about 2.4% margin.
Reviewing recent transactions of this address, it often uses tens of thousands of dollars to build positions, continuously increasing the size and average price through rolling over. However, multiple attempts have been liquidated due to high average prices and market pullbacks. After liquidation, the address deposits funds again and restarts the long position cycle, possibly aiming for a significant rebound or the start of a bull market.
Since October last year, over the past five months, this address has attempted to go long on various cryptocurrencies 162 times, including 18 times on ETH, with a total net deposit of about $15.68 million into Hyperliquid. Almost every deposit ultimately ended in a loss.
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
UXLINK Hacker Stole $36 Million in ETH 6 Months Ago but Struggles With Constant Losses on Trading
The UXLINK ETH exploiter is back in the news, and not for successfully cashing out. Arkham Intelligence flagged the wallet this week after the hacker sold $11.8 million worth of ETH through CoWSwap for DAI. The trade itself isn’t the story. The story is what the on-chain record shows when you zoom o
BlockChainReporter13m ago
US Bitcoin Spot ETF Attracts Inflows for Seven Consecutive Days, Institutional Funds Return
Recent inflows into U.S. cryptocurrency spot ETFs have warmed, particularly with Bitcoin and Ethereum ETFs recording net inflows over multiple consecutive days, indicating increased investor allocation appetite. Bitcoin ETF recorded approximately $199.4 million in net inflows on the 17th, marking the longest consecutive inflow streak in five months, with capital primarily flowing to major issuers such as BlackRock and Fidelity. This wave of reflux is mutually reinforcing with Bitcoin price appreciation, reflecting the market's preference among traditional capital for allocation to regulated products, providing stable support to spot prices.
区块客1h ago
Mysterious Whale Completes $30.72M USDT Purchase of 14,425 ETH
Gate News bot message, according to Onchain Lens, the Mysterious Whale has deployed all $30.72M USDT to purchase 14,425 ETH at $2,130 per token. The whale now holds a total of 117,814 ETH valued at $251.6M. Previously, the same whale acquired 3,618 ETH for $7.7M USDT, building up from an earlier pos
GateNews1h ago
Erik Voorhees associated address increased holdings by 5805 ETH within nearly 50 minutes, valued at $12.34 million
On March 20, on-chain analysts detected that ShapeShift founder Erik Voorhees purchased 5,805.51 ETH within 50 minutes, spending approximately $12.344 million, bringing his total holdings to 109,194.73 ETH, currently valued at approximately $232 million.
GateNews2h ago
Mysterious Whale Acquires 3,618 ETH for $7.7M USDT
Gate News bot message, The Mysterious Whale has purchased 3,618 $ETH for $7.7M $USDT. The Mysterious Whale now holds 107,007 $ETH worth $229.12M and still holds $23M $USDT.
GateNews2h ago
