Early Bitcoin Whale Makes Big Bet on Ethereum: $26.8 Million Long Position with 5x Leverage, Liquidation Price Revealed

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[Crypto World] On-chain data shows that an early Bitcoin player has made another big move recently. He just deposited $10 million USDT into HyperLiquid and immediately went all-in on a $26.8 million ETH long position.

This position uses 5x leverage, totaling 9,010.4 ETH, with an average entry price of $2,959.4. It’s worth noting that the liquidation price for this position is at $1,888—meaning if ETH drops below this price, over $20 million would be wiped out.

Judging by the size of the position, this veteran player is clearly quite bullish on Ethereum’s short-term performance. However, a 5x leverage exposure carries significant risk, and even minor market movements could trigger a chain reaction.

BTC0.38%
ETH2.8%
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CodeAuditQueenvip
· 17h ago
Liquidation price at 1888, this guy is betting that ETH won’t break the annual line. Playing with 5x leverage really is a thrill...
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Ser_APY_2000vip
· 23h ago
Damn, this guy really dares to play. He went all-in on ETH with 5x leverage, and the liquidation price is over 1,000 away from the entry price. How bold must he be?
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BlockBargainHuntervip
· 23h ago
Early whales play like this, huh? They really must have so much idle money that they don’t know where to put it.
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Ser_This_Is_A_Casinovip
· 23h ago
Oh my, this guy is really bold—going all-in with 5x leverage. The liquidation price is at 1888, it's getting close.
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YieldHuntervip
· 23h ago
lmao 5x leverage on a 26M bag... if you look at the data, that liquidation line at 1888 is basically screaming "please volatility gods, be nice to me" 🤡 degen energy fr fr, sustainable returns my ass
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