Whale 'CZ Counterparty' Holds $261M in ETH, XRP, and DOGE Longs Amid Losses
Monitoring data shows major Hyperliquid whales adjusting positions, with reduced shorts and significant ETH longs, as market sentiment improves.
BTC
ETH
XRP
Summary
Coinbob’s Nov. 26 monitoring data revealed notable changes in major whale activity on Hyperliquid. ETH long positions reached $44.35 million, BTC short positions recorded $26.24 million in unrealized profit, and ZEC short positions faced a $7.33 million loss. This shift included reductions in short positions as overall market sentiment strengthened, adding context to the whale with $261 million in ETH, XRP, and DOGE longs whose Ethereum position is targeting breakeven at $3,200.
Terms & Concepts
- Long Position: A trading strategy where an investor buys an asset expecting its value to rise.
- Whale: An individual or entity holding large amounts of cryptocurrency, capable of influencing market movements.