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Crypto Whale Opens 20x Leveraged Ethereum Long Worth About $28.67 Million

Crypto Whale Opens 20x Leveraged Ethereum Long Worth About $28.67 Million

New April 15 data shows the whale also opened a 40x leveraged Bitcoin long worth $14.82 million, with additional leveraged exposure across ETH, TAO, and AAVE raising total reported positions to $24.50 million.

BTC
ETH
TAO

Fact Check
The strongest observable evidence is only that Odaily newsflash 476561 traces to https://x.com/OnchainLens/status/2043714891522134262 and Odaily newsflash 476589 traces to https://x.com/EmberCN/status/2043848857159876688. That suggests the story may originate from named on-chain commentary accounts, but the actual contents of those posts were not retrievable in this run, so the numerical details cannot be checked. Repeated corroboration attempts using claim-focused searches for the 42 Hyperliquid positions, $49.6 million notional exposure, and nearly $15 million losses returned no results. Direct fetches for the traced X posts and the referenced BlockBeats pages also failed. Because the detailed claim depends on specific figures and portfolio composition that remain unverified from accessible primary content, the evidence is insufficient rather than clearly true or false.
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Summary

A crypto whale previously linked to a 20x leveraged Ethereum long and broader high-risk derivatives trading was also reported on April 15 to have opened a 40x leveraged Bitcoin long worth $14.82 million at an average entry of $73,929. According to Hyperinsight, the BTC position carries a liquidation price of $63,666. The same address also held leveraged long positions in ETH, TAO, and AAVE, bringing the total value of reported positions to $24.50 million. This adds to earlier reports of large Hyperliquid trades tied to the whale, including major ETH, BTC, and HYPE positions and substantial unrealized losses across multiple leveraged bets.

Terms & Concepts
  • Hyperliquid: A decentralized derivatives trading platform where users can trade crypto assets with leverage.
  • Long position: A trade intended to profit from an increase in an asset’s price.
  • Liquidation price: The price level at which an exchange or trading platform forcibly closes a leveraged position because margin is no longer sufficient.