Whale Reduces Long ETH Position by 12,003.10 ETH on Hyperliquid, Cutting $36.9M Exposure

ETH

ETH/USDT

$2,127.12

+4.51%

$2,127.12

+4.51%

(24s)

24h Volume

$39,049,302,904.94

24h H/L

$2,145.26 / $2,009.54

Change: $135.72 (6.75%)

Long/Short

69.8%

Long: 69.8%Short: 30.2%

Funding Rate

-0.0018%

Shorts pay

Data provided by COINOTAG DATALive data

Ethereum

Daily

$2,121.96

▲ 1.67%

Volume (24h): -

Resistance Levels

Resistance 3$2,577.98

Resistance 2$2,403.28

Resistance 1$2,234.29

Price$2,121.96

Support 1$1,994.75

Support 2$1,826.83

Support 3$1,157.44

Pivot (PP):$2,110.44

Trend:Downtrend

RSI (14):32.9

On July 14, HyperInsight data revealed a notable adjustment by the wallet address beginning with 0x4a2, which trimmed its long Ethereum (ETH) exposure on the Hyperliquid platform. The position was reduced by 12,003.10 ETH, translating to a decrease in position value of approximately $36.96 million. Currently, the trader maintains a 25x leveraged long ETH position valued at $21.23 million, with an entry price set at $2,990. Despite the reduction, the position reflects an unrealized gain of $301,000, underscoring the ongoing volatility and strategic portfolio management within the crypto derivatives market.