ETH Whale with 100% Win Rate Reverses $5M Floating Profit into $2.49M Loss on a $51.72M ETH Position at $3,005 Avg Price on Hyperliquid
ETH
ETH/USDT
$19,687,339,764.06
$3,384.19 / $3,273.72
Change: $110.47 (3.37%)
+0.0049%
Longs pay
COINOTAG News, December 5, citing HyperInsight, reports that the so‑called “Front-Runner Whale with 100% Win Rate” (0x218) ETH short position, once showing a $5 million floating profit on December 2, has swung to a current floating loss.
The position size stands at $51.72 million, with an average entry price around $3,005 per ETH, reflecting a material shift in the ETH derivatives market.
The trade ranks among the largest ETH exposures tracked by Hyperliquid, underscoring ongoing volatility in the crypto derivatives sector.
On December 1, the address reportedly increased its short exposure near the $2,810 ETH level, lowering the average cost basis.
Earlier reporting notes that the same wallet deployed about $5 million to counter‑trade the prior signal, closing that leg within two weeks for around $5.08 million in profit; overall, the account has tallied roughly $2.8 million in profits across confirmed short setups.