On February 1st, a whale suffered a loss of $230 million due

Post

On February 1st, a whale suffered a loss of $230 million due to a long position liquidation on Hyperliquid. They cut some ETH but didn't want to continue selling, or did they just engage in a high sell low buy swing?
On the 1st, when the ETH price was $2,427, they transferred 100,000 ETH ($242 million) into Binance, and today, half an hour ago, they withdrew 80,000 ETH ($167 million) back to the chain. However, the current ETH price has already reached $2,117.
Addresses:
0xF744f66621Df59861fe621444E473b595bb83Ad4
0xF6FD12fbf8bBe0e08Ac739c3634CD1cB21acf5E9
0x4116812b89749563d40B0ffC187Db7ce668711Cb

余烬Ember

A giant whale lost $230 million on Hyperliquid from a long position taken early in the morning. 20 minutes ago, he transferred 100,000 ETH ($242 million) to Binance. Is he cutting losses?

◎ A few days ago, he borrowed 240 million U from Aave to transfer to Binance, and then withdrew 148,000 ETH ($431 million) from Binance, at an average price of $2,912.
◎ After transferring the 100,000 ETH to Binance, he still holds assets worth $4.5 billion on-chain (33,000 BTC + 801,000 ETH).

ETH price

Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.

ETH

2,122.96

+4.63%

.css-1iqe90x{box-sizing:border-box;margin:0;min-width:0;color:#EAECEF;}On February 1st, a whale suffered a loss of $230 million due to a long position liquidation on Hyperliquid. They cut some ETH but didn't want to continue selling, or did they just engage in a high sell low buy swing?

Latest News

On February 1st, a whale suffered a loss of $230 million due to a long position liquidation on Hyperliquid. They cut some ETH but didn't want to continue selling, or did they just engage in a high sell low buy swing?