Diamondbull.eth opens a 25x ETH long position worth $28.72M amid bullish movements in BTC and ETH

iconKuCoinFlash
Share
AI summary iconSummary
Diamondbull.eth has opened a 25x ETH long position of 11,500 ETH, valued at $28.72 million, as part of a long-term crypto strategy. The position ranks 7th on Hyperliquid and is down $109,000. The linked address, samurai.eth, holds 200 BTC and 2,000 ETH for long-term investing, with a $753,000 profit. Total BTC and ETH long positions exceed $50 million.

Odaily Planet Daily reports, according to on-chain analyst Ai Yi, two addresses belonging to the same whale are accumulating long positions worth $50 million in BTC and ETH. diamondbull.eth opened a 25x long position on 11,500 ETH during the rebound, valued at $28.72 million, ranking as the 7th largest ETH long position on Hyperliquid, with a current unrealized loss of $109,000. The funding address samurai.eth also holds long positions of 200 BTC and 2,000 ETH, valued at $21.58 million, with a current unrealized profit of $753,000.

Disclaimer: The information on this page may have been obtained from third parties and does not necessarily reflect the views or opinions of KuCoin. This content is provided for general informational purposes only, without any representation or warranty of any kind, nor shall it be construed as financial or investment advice. KuCoin shall not be liable for any errors or omissions, or for any outcomes resulting from the use of this information. Investments in digital assets can be risky. Please carefully evaluate the risks of a product and your risk tolerance based on your own financial circumstances. For more information, please refer to our Terms of Use and Risk Disclosure.