"Whales who sold HYPE and opened long ETH" stopped losses again, with a cumulative loss of $31 million in 9 days
4hours ago
According to on-chain analyst Yu Jin, a whale who sold HYPE and went long on ETH saw its long position stopped out again this morning, with 41,900 ETH worth $177 million, as ETH prices plummeted. Previously, the whale had reduced its position after a previous stop-loss, but recently increased its position to 78,500 ETH. After multiple stop-loss orders, the whale has accumulated a loss of $31 million over nine days. Currently, its long position remains at 36,500 ETH, worth $157 million, with a liquidation price of $4,099.
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