On-chain whales have been taking profit and exiting their long positions, while the "buddy" has now taken the lead in the ETH bull camp.</p>
BlockBeats News, April 16th, according to Hyperinsight monitoring, the recent market has seen a significant rebound, with several on-chain top whales taking profit and exiting. The "Matrixport-affiliated whale," who once held the second largest ETH long position, has completely liquidated today with a profit of $48.2 million.
As of the time of writing, the largest ETH long position on Hyperliquid has been transferred to "Buddy" Huang Licheng. He currently holds a 25x leveraged ETH long position, amounting to $32.5 million, with an average price of $2,245 and a liquidation price of $2,151.
It is reported that this address plans to take partial profits once the ETH price reaches $2,350, with the profit-taking range extending up to $2,425, and an estimated closing amount of about $4.42 million.
Address: 0x020ca66c30bec2c4fe3861a94e4db4a498a35872
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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