Former Top PEPE Bull Adds to ETH Position Amid $530K Unrealized Loss

According to HyperInsight monitoring data on January 30, an investor previously known for holding the largest PEPE long position has recently added more ETH longs on the Hyperliquid platform.

Through a staggered buying strategy, the investor's ETH long position now totals 7,339.71 ETH. The average entry price has been reduced to $2,810.01, using 5x leverage. However, due to ETH price fluctuations, the position currently shows an unrealized loss of $530,000.

Prior to this, the same address was the top kPEPE long holder on Hyperliquid and successfully realized $963,600 in profits upon exiting that position.