Hyperliquid’s Top Trader Holds $410 Million in ETH and SOL Long Positions

Hyperliquid’s Top Trader Holds $410 Million in ETH and SOL Long Positions

The White Whale now holds around $300 million in SOL and ETH long positions, with nearly $20 million in unrealized gains, according to on-chain analyst Ai 姨.

ETH
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HYPE

Fact Check
The statement is directly and explicitly confirmed by two separate sources (ainvest.com and Binance Square, quoting BlockBeats). Both sources state that a top Hyperliquid trader known as 'The White Whale' holds $410 million in long positions across Ethereum (ETH) and Solana (SOL). The other evidence provided, while not confirming this specific figure, establishes the context that very large, nine-figure leveraged trades are common on the Hyperliquid platform.
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Summary

On August 19, on-chain analyst Ai 姨 reported that The White Whale, Hyperliquid’s top trader, currently holds $300 million in long positions. These include 530,925.04 SOL longs and 55,358.87 ETH longs. The trader has accumulated $19.895 million in unrealized profits, highlighting continued profitability despite recent market fluctuations.

Terms & Concepts
  • Long Position: An investment strategy where a trader buys and holds an asset, expecting its value to rise.
  • ETH (Ethereum): A cryptocurrency and blockchain platform known for its smart contract functionality, enabling decentralized applications.
  • SOL (Solana): The native cryptocurrency of the Solana blockchain, designed for high-speed, low-cost decentralized applications and transactions.