Ethereum (ETH) Whale Opens 12x Leveraged Long at $3,859 (~$9.05M) with Take-Profit at $4,135 and $3,609 Liquidation Price; BTC Short Trades Leave $4.66M Cumulative Loss

According to HyperInsight and COINOTAG News on October 24, a whale address starting with 0x3fc opened an ETH long position using 12x leverage. The entry price averaged about $3,859, with a nominal exposure of about $9.05 million. A take-profit order was set near $4,135; liquidation price around $3,609.

The same address opened a BTC short position yesterday at roughly an average price of 10.96, with exposure near $35 million, exiting with a take-profit this morning at 5:00. Despite the gain, the address has repeatedly shorted BTC this week, the largest loss from an opening on the 21st exceeding $2 million, for a cumulative loss of $4.66 million.

Across the four-hour window, the long/short mix for new ETH positions sits near 50.9:40.1, including a BTC OG whale-associated address that opened an ETH long position four hours ago. This snapshot underscores shifting exposure among large holders.