Hyperliquid whale opens $36.33 million ETH long as traders add large BTC longs

Hyperliquid whale opens $36.33 million ETH long as traders add large BTC longs

Wallet 0xa2e…f1468 built a 21,000 ETH long ranked eighth on Hyperliquid, while separate monitored wallets opened Bitcoin longs totaling 2,754 BTC and another whale added leveraged XRP exposure.

BTC
ETH
XRP

Fact Check
The originating X post by analyst @ai_9684xtpa and three independent news aggregators (BlockBeats, Odaily, PANews) all report identical figures: address 0xa2e…f1468 opened a 21,000 ETH long valued at ~$36.33M, ranking eighth-largest ETH position on Hyperliquid with a small unrealized gain. The BlockBeats flash also corroborates the secondary detail of a 40x leveraged 1,100 BTC long (0x7c4…8e00b) showing an unrealized loss. The evidence derives from on-chain monitoring rather than a regulated primary record, slightly capping confidence, but cross-source consistency is strong.
Summary

A monitored wallet identified as 0xa2e…f1468 built a 21,000 ETH long on Hyperliquid worth about $36.33 million at an average entry of $1,728.5, showing roughly $32,000 in unrealized profit and ranking as the platform’s eighth-largest ETH position, according to ai_9684xtpa. The address has made 15 ETH trades since June for about $4.29 million in cumulative profit. Separately, crypto media reports on June 23 citing on-chain trackers said two wallets opened BTC longs totaling 2,754 BTC, worth about $175 million: address 0x50b…f20 held 1,654 BTC at a $64,130 average entry with a $59,076 liquidation price and about $500,000 in unrealized loss, while address 0x7c4…00b held 1,100 BTC at about $64,508-$64,509 with a $61,723 liquidation price and unrealized losses reported at roughly $750,000, versus about $383,000 in an earlier monitoring update. Separately, PANews, citing Onchain Lens, reported that a whale built a 27.9 million XRP 20x long worth about $30.9 million and also held an 809.9 BTC 20x long worth about $50.6 million that was showing more than $2.6 million in unrealized losses.

Terms & Concepts
  • Hyperliquid: A crypto trading platform for leveraged markets.
  • liquidation price: The price level at which a leveraged position is forcibly closed.
  • 20x leverage: Using borrowed funds to amplify market exposure twentyfold.