Whale Bets $18.5M on ETH Long Position After Previous $547K Loss

Whale Makes Strong Comeback with ETH Long Bet

According to OnchainLens monitoring, a well-known whale address (0xc6f5) has returned to action by depositing an additional $2.5M USDC into HyperLiquid. The trader then opened an ETH long position worth $18.5M with 25x leverage, signaling strong conviction in the asset's upside potential.

Prior Loss History Revealed

Interestingly, this same address recently suffered losses of approximately $547K from a previous ETH long trade. Despite this setback, the whale has chosen to re-enter the market aggressively, demonstrating resilience and continued confidence in Ethereum's value proposition.

Market Implications and Analysis

• Whale transactions often serve as important market signals that may indicate potential trend shifts
• High leverage positions like this one create both opportunity and risk, with potential for significant market impact
• This transaction reaffirms Ethereum's status as a core asset among sophisticated investors