Ethereum Whale “ETH Ironhead Bull Army” Adds $1.69M to $158M Long — $6.33M Unrealized Loss, Liquidation Near $4,099

According to HyperInsight monitoring, the “ETH Ironhead Bull Army” whale (address starting with 0xa5232) increased its ETH long position by approximately $1.69 million over the past two hours. The entity’s reported aggregate long exposure now stands near $158 million, with an unrealized mark-to-market loss of about $6.33 million and a documented liquidation price around $4,099.

Historical on-chain activity shows the Ethereum whale has been consistently adding to its position over several weeks, indicating a persistent bullish stance. However, repeated entries at elevated cost basis have produced significant mark-to-market losses, exceeding $25 million in the last week, underscoring the importance of position sizing and disciplined risk management.