Whale Opens 40x ETH Long Position Worth $49.2M on Hyperliquid

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Whale activity on Hyperliquid saw a major move on June 15, as a top whale opened a 40x ETH long position of 28,645 ETH, valued at $49.2 million. The position was entered at an average price of $1,720, with a liquidation price at $1,320, making the whale the second-largest ETH long holder on the platform. This signals clear long-term investment strategies, as major players continue to bet on Ethereum’s price movement.

Huo Xing Finance reports that, on June 15, according to Hyperinsight monitoring, ETH rose 3.7% within one hour this morning, then stabilized at higher levels. In the past half-hour, a major whale on Hyperliquid went long 28,645 ETH with 40x leverage, worth approximately $49.2 million at an average price of $1,720 and a liquidation price of $1,320, making it the second-largest ETH long position currently. Address: 0x9137bd9347f07990a8ce22869f8b93d190479c5a

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