ChainCatcher report: According to on-chain analyst @ai_9684xtpa, a whale who took a long position of 45,000 ETH sold 1,500 ETH two hours ago on-chain, worth approximately $3.75 million, realizing a profit of about $618,000, and deposited the received USDC as margin into Hyperliquid. The whale’s $107 million long position is now further underwater, with unrealized losses expanding to $4.8 million. The latest liquidation price is $2,173.36, leaving only about $207 of buffer before liquidation.
Whale sells 1,500 ETH to add margin as a 45,000 ETH long position loses $4.8M
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Whale activity saw a major move as a whale sold 1,500 ETH (~$3.75M) two hours ago, locking in a ~$618,000 profit. The funds were converted to USDC for margin trading on Hyperliquid. The whale’s 45,000 ETH long position, valued at $107M, has lost $4.8M. The liquidation price is now at $2,173.36, with only ~$207 of buffer remaining.
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