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Crypto Whale Opens 25x Leveraged $45.34 Million Ether Long Position

A prominent cryptocurrency whale wallet has initiated a 25x leveraged long position in Ether valued at approximately $45.34 million, generating an unrealized gain of $315,000 as of October 29. The address, tracked on-chain as starting with 0xe813, previously completed five consecutive profitable trades yielding cumulative earnings of $4.6 million. Earlier on October 29, the Hyperliquid address 0xe81309...6d74 was recorded holding 19,490.99 ETH worth about $45.05 million at a price of $2,311.10. The new stake exceeds a previous $28.72 million 25x long position observed on October 9.

Category

Ethereum

Sentiment

Bullish

Event

Analyst flows

Reading time

1 min