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Whale Address Accumulates $8.53M Loss on Multi-Altcoin 1x Leverage Position Held Over 1 Year

GateNews

2026-05-13 10:01:56

According to BlockBeats, on May 13, a whale address (0x6555e1cc97d3cba6eaddebbcd7ca51d75771e0b8) has been holding multiple altcoins including TON, LDO, ONDO, ENA, and WLFI on Hyperliquid with 1x leverage for over 200 days, with some positions held for more than one year. The address has accumulated over $8.53 million in total losses, comprising $7.2 million in unrealized losses and $1.33 million in cumulative funding fee deductions. Despite the 1x leverage preventing liquidation risk, funding fees continue to erode the principal.

Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to Disclaimer.

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