Ethereum Whale Opens $56M 2x ETH Long at $2,825 with 1.78% Unrealized Loss, Ranked No. 2 on Hyperliquid’s ETH Long Leaderboard

COINOTAG News, citing Coinbob Popular Address Monitor, reported on December 2 that at 9:00 PM yesterday a whale opened a 2x leveraged ETH long position labeled pension-usdt.eth. The position size is about $56 million, with an average entry price of $2,825 per ETH and an unrealized loss of $460,000 (1.78%). It ranks second on the ETH long leaderboard on Hyperliquid.

Earlier at 9:00 AM yesterday, the address closed a short ETH position valued at roughly $18.1 million, realizing about $900,000 in profit. The trader has been active in swing trading, typically using low leverage and sizable lots. The weekly average holding period is about 8 hours, with a monthly profit near $9.96 million.

This dataset, drawn from Coinbob Popular Address Monitor and Hyperliquid, illustrates sustained liquidity and active positioning within the ETH market, as reported by COINOTAG News.