$ETH Whale Alert: 0x76AB Flips Spot ETH Into a Massive 7× Leveraged Long on Hyperliquid
A major ETH whale just executed a high-conviction, high-leverage pivot — selling spot ETH and immediately rotating into a leveraged long.
🔍 What Happened
1. Sold Spot ETH
• 1,654 ETH sold
• Received $5.49M USDC
2. Deposited to Hyperliquid
• Entire $5.49M USDC bridged in multiple transactions (including several 999,999 USDC mints and transfers)
3. Opened a Massive Leveraged Long
• Position size: 11,543.3464 ETH
• Position value: $38.38M
• Leverage: 7× (cross)
• Entry: $3,324.02
• Current price: ~$3,324–$3,325 (small profit so far)
📉 Liquidation Price
• $2,907.6
This whale has roughly a 12.5% downside buffer before liquidation — tight for a 7× position.
📌 Interpretation
This is not a degen punt — it’s a structured rotation:
• Exits spot
• Uses the capital as margin
• Upsizes exposure via leverage
• Signals extremely bullish conviction in ETH short-term momentum
This is the largest new Hyperliquid ETH long opened today and one of the more aggressive whale entries we’ve seen recently.
If you’d like, I can also:
✅ Track profit/loss in real time
✅ Alert you if the whale adds more margin or adjusts position
✅ Compare this whale’s past trading performance
Just let me know!
#ETH #WhaleWatching #OnchainAnalytics