According to COINOTAG and HyperInsight monitoring data on August 30, the decline in the ETH price has produced material unrealized losses across several prominent whale addresses and professional traders.
Whale 0xa523…75aa initiated a 15x ETH long position at $4,534 and scaled in to lower its liquidation threshold; the address currently carries a $247 million position with an unrealized loss of $14.77 million and a liquidation price of $4,181.
Trader Huang Licheng (“Brother Ma”) continues to hold ETH and HYPE longs—an ETH position sized at $121 million opened at $4,512 with a $6.42 million unrealized loss and a $3,244.44 liquidation price, and a HYPE position of $17.82 million with a $0.7978 million unrealized loss. Others, including James Wynn, @qwatio and AguilaTrades, were reported liquidated or exited, while a “Rolling ETH Long” whale maintains a smaller 25x $993,600 long with a $17,600 unrealized loss and a $4,247.39 liquidation level.