Odaily Planet Daily reports, according to on-chain analyst Ai Yi, a large whale holding a long position of 45,000 ETH sold 1,500 ETH to reduce liquidation risk and added $3.5 million in margin. Two hours ago, the whale sold 1,500 ETH on-chain, realizing a profit of $618,000, and deposited the resulting USDC as margin into Hyperliquid. Currently, the whale’s $107 million ETH long position has an unrealized loss of $4.8 million, with the latest liquidation price at $2,173.36—leaving only $207 of buffer before liquidation.
Whale sells 1,500 ETH to add $3.5M margin as a $107M ETH long position loses $4.8M
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Summary
A whale with a $107 million ETH long position sold 1,500 ETH for a $618,000 profit and used the proceeds for margin trading on Hyperliquid. The position is now down $4.8 million, with a liquidation price of $2,173.36 and only $207 of buffer remaining. This move reflects a calculated risk-to-reward ratio amid volatile market conditions.
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