ETH OG Whale Sells 23,924 ETH for $45.18M, Leverages $56.18M in Long Positions

KuCoinFlash

Release Time: 02/24/2026 03:17:21

Summary

Whale activity in Ethereum trading saw a major move on February 24, 2026, as a long-term investor sold 23,924 ETH at $1,888.71, totaling $45.18 million. The whale then deposited $15.998 million USDC into Hyperliquid, placing long orders on BTC, ETH, and HYPE. Current positions stand at $56.18 million, with a floating loss of $6.462 million. Long-term investing strategies remain evident in the whale’s margin usage and exposure.

BlockBeats news: On February 24, according to on-chain analyst Aunt Ai (@ai_9684xtpa), an OG whale that hoarded ETH since 2017 has sold its spot holdings and taken leveraged long positions. Over the past 10 hours, address 0xead…E9D55 sold 23,924 ETH at an average price of $1,888.71, totaling $45.18 million. Interestingly, after reducing its spot position, the wallet deposited $15.998 million in USDC as margin on Hyperliquid and placed limit buy orders for BTC/ETH/HYPE, aiming to re-enter long positions at lower prices. The wallet currently holds $56.18 million in open positions, mostly longs, with an unrealized loss of $6.462 million.

This whale received 19,000 ETH two years ago, accumulated in 2017 at a cost as low as $357; it also received 7,038 ETH two weeks ago, withdrawn from exchanges at an average price of $2,709.43 between December 2023 and April 2024.

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