Whale ETH long positions increased to 11,000 coins, simultaneously closing ZEC and HYPE positions

GasWrangler · 2026-01-13T03:00:11+00:00

A well-known trader adjusted positions in the past 24 hours, closing ZEC and HYPE long positions, and significantly increased ETH holdings to 11,000 coins, with an unrealized loss of approximately $360,000. The trader's high leverage increase reflects their short-term market outlook, which could trigger a chain reaction in the market and warrants subsequent attention.

GasWrangler

2026-01-13 03:00:11

Abstract generation in progress

【ChainNews】On-chain data has captured a key transaction: a well-known trader adjusted multiple positions in the past 24 hours.

Specifically, the trader closed all long positions in ZEC (14 hours ago) and HYPE (4 hours ago), then shifted focus to ETH. Currently, their ETH long position has been increased to 11,000 ETH (using 25x leverage), with a current value of approximately $34,139,600. The entry price for this position was $3,135.02.

In terms of cost basis, the current unrealized loss is about $360,000. The total account size is $1.82 million, with a loss of about $500,000 over the past 24 hours, and a drawdown exceeding $1.62 million in the last week — a notably volatile trading period.

This aggressive increase in high-leverage ETH positions reflects the trader’s clear short-term market outlook. Such large-scale position increases often trigger chain reactions in the market, especially during periods of leverage liquidation risk. Market participants should pay attention to subsequent position movements.

ETH-0,57%

ZEC3,75%

HYPE-4,17%

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FlashLoanLarry

· 01-13 03:29

Wow, this guy is really bold. With 11,000 ETH and 25x leverage, he still dares to add to his position... Is he betting on the sky or bottom-fishing?

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LiquidityWizard

· 01-13 03:26

so this guy's down 360k on his eth stack and decides to... add more? 25x leverage on 11k eth is literally just speedrunning margin call territory. theoretically speaking, the math doesn't really check out here—risk-adjusted returns suggest this is more panic averaging than conviction play, ngl

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SoliditySurvivor

· 01-13 03:14

Wow, lost 1.62 million but still dares to add 11,000 ETH? This guy's mental toughness is incredible.

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ser_we_are_ngmi

· 01-13 03:07

This guy is really going all in this time. Losing 500,000 but still adding positions. How strong is his mentality? --- 11,000 ETH with 25x leverage. If this isn’t a gambler, what is? Either huge profits or liquidation. --- Closing ZEC and HYPE positions to go all in on ETH. Looks like he's really confident in a rebound. --- Still risking a 360,000 loss and adding more. I have to ask, who can compare in mental toughness? --- A weekly drawdown of 1.62 million and still going all in. This brother is either a master or about to be liquidated. --- Playing such large orders with 25x leverage. Even a sneeze in the market could wipe him out. --- Been adjusting positions since 14 hours ago. Looks like this guy has caught some wind. --- An account with 1.82 million losing 500,000 and still adding 11,000 ETH. Is this true FOMO or real gambling? --- Entered at 3135. Still adding at this price? Definitely optimistic about the market. --- He closed and added positions within a day. The pace of this operation is ridiculously fast.

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