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“From hero to pressure” moments… real quick 😨
This whale built a massive long -- 120,000 $ETH ... and at one point was sitting on tens of millions in floating profit. Everything looked perfect… until the market turned.
Now.... That same position is back in loss.
Just a few minutes ago, after 19 days of holding, he injected another $5M USDC into Hyperliquid ... most likely trying to strengthen margin and avoid getting wiped. That alone tells you how tight things are getting.
At the moment, he’s still holding a 15x leveraged ETH long (120K ETH) along with a 20x $BTC long (700 BTC), bringing total exposure to around $298M. And the PnL is… mixed. ETH is sitting at a ~$309K loss, while BTC is slightly offsetting it with about $403K in profit. So overall, he’s not completely bleeding -- but the cushion he once had is basically gone.
WE THINK: It's a classic case of riding the wave up… and now fighting to stay on the board as it turns.
Anyways here are the two addresses👇
0x6c8512516ce5669d35113a11ca8b8de322fd84f6
0xa5b0edf6b55128e0ddae8e51ac538c3188401d41