On Feb. 26, on-chain data revealed Ethereum’s largest long whale holding 70,000 ETH at 15x leverage, employing strategic trades to secure multimillion-dollar unrealized gains.
On Feb. 26, on-chain data showed ETH’s largest long whale holding 70,000 ETH worth $144 million at 15x leverage on Hyperliquid, with $5.26 million in unrealized profit. The whale built the position at an average price of $1,991 and has been executing a strategy of selling high and buying low over recent weeks. This follows earlier instances of rapid position shifts among major Ethereum traders, reflecting aggressive high-leverage approaches to capitalize on market volatility.