On March 13, according to Hyperinsight monitoring , as ETH rebounded to above $2,100, the total floating profit of the long positions in the "ETH Swing Master" address (0xa5b0) expanded to $11.5 million, and the total holding size reached $199 million.
This address is currently the largest long position holder for both BTC and ETH on the Hyperliquid platform . Its ETH long position was opened on February 9th and has remained open since February 15th, indicating a continued bullish outlook. Its main positions are as follows:
15x ETH long position: The position size is about 70,000 ETH, equivalent to about $148 million, with an average price of $1,991 and a floating profit of $9.27 million (93%).
20x BTC long position: Position size is about 700 ETH, equivalent to about $50.1 million, average price is $68,420, unrealized profit is $2.23 million (89%).
This whale had established a long position in ETH worth over $100 million at the end of last year, which was then fully closed in February of this year. Recently, it has reopened its position and has received multiple transfers of funds from Matrixport, suggesting a possible connection to the address.
