Two addresses, possibly belonging to the same entity, have collectively long over 95,000 ETH, with a total value of up to $190 million.

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According to BlockBeats, as of February 10th, two addresses have collectively held over 95,000 ETH long, totaling $190 million, making them the top 1 and 2 long positions on Hyperliquid ETH.

• Address 0x6C8…D84F6 deposited 21.798 million USDC as margin into Hyperliquid in the past 3 hours, and then opened a 20x long position of 35,164.2 ETH (US$70.5 million), with an average opening price of US$2,044.11. It is currently experiencing a floating loss of US$1.245 million.

Address 0xa5B…01D41 is the largest long position in Hyperliquid ETH, having opened a long position of 60,000 ETH (US$120 million) last night, with an average opening price of US$2,059.8, and is currently showing a floating loss of US$3.12 million.

The two addresses have something in common: their margins were transferred from Tron to Arbitrum via Bridge, and the methods and timing of these transfers were similar, suggesting they may belong to the same whale or entity.

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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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