「ETH Whale Whisperer」's Unrealized Gains Soar to $11 Million, Now the Largest On-Chain ETH Long

BlockBeats News, March 13th, according to Hyperinsight monitoring, driven by ETH's rally above $2100, the "ETH Whale" address (0xa5b0) saw its long position total unrealized gain expand to $11.5 million, with a total position size of $199 million.

This address is currently the largest long position address for both BTC and ETH on the Hyperliquid platform, with its ETH long opened on February 9th, remaining open since February 15th, and continuing to hold a bullish view. Its main positions are as follows:

15x ETH Long: Holding approximately 70,000 ETH, equivalent to about $148 million, with an average price of $1991, and an unrealized gain of $9.27 million (93%);

20x BTC Long: Holding approximately 700 ETH, equivalent to about $50.1 million, with an average price of $68420, and an unrealized gain of $2.23 million (89%);

This whale had previously established a billion-dollar ETH long position at the end of last year, which was completely closed in February of this year. It has recently repositioned, receiving funds transfer several times, suspected to be related to Matrixport.