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CZ Opponent Whale's Long Positions in ETH and HYPE Suffer Over $20M in Floating Losses

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ETH
$2,991.910.34%
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HYPE
$24.266-3.37%
On December 15, 2025, on-chain data showed two long-position wallets linked to a former CZ opponent are in the red. The 0x9eec9 wallet holds 15x and 10x leveraged ETH longs worth $255 million, with a floating loss of $15.71 million. The 0xbadb wallet holds 20x ETH and 5x HYPE longs valued at $93.65 million, with over $4.3 million in losses. Traders are reevaluating long-term investing strategies amid the volatility.
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