"Still as a mountain" Whale closed positions on ETH and HYPE long orders within three hours, reducing holdings by 18.8 million dollars.

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On October 20, according to HyperInsight monitoring, in the past three hours, a Whale address starting with “0x88b” has significantly closed Positions of ETH and HYPE long orders during today's market pullback. A total of 3,858 ETH long positions and 89,000 HYPE long positions were reduced, with the notional value of holdings decreasing by about 18.8 million USD, and weekly losses narrowing from 5.8 million USD to 1.9 million USD. The current total value of this address's holdings is approximately 55.6 million USD. It is reported that this address once chased rising prices of BTC at an average price of about 118,000 USD with 40x leverage, and the current Position has unrealized losses exceeding 252%, equivalent to about 2.48 million USD. Its long orders of SOL, HYPE, ETH, etc. were also previously trapped at high levels, currently still having unrealized losses of 3.16 million USD.

ETH1.11%
HYPE2.76%
BTC2.6%
SOL0.46%
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