#binance #hype #zec #near
25/11/25 11:59 UTC-04

A Crypto Whale Increased His Long Ethereum Position to $44.5 Million

A crypto whale from the Hyperliquid platform, who earned around $200 million during the market crash in October, has added another $10 million to his long Ethereum position. As a result, the total size of his ETH investment has reached $44.5 million.

The investor, whom some refer to as the “$10B HyperUnit Whale,” has not been officially identified. On Monday, he increased his existing long position by $10 million, bringing the total to $44.5 million — according to data provided by the analytics platform Arkham Intelligence.

“He now holds a long ETH position worth $44.5 million and made over $300,000 in less than an hour,” Arkham reported in a post on platform X on Monday.


Wallet activity of the crypto whale. Source: Arkham Intelligence

Since last month, this investor has gained wide attention thanks to several successful short positions in the market. If his calculations are correct, he could profit from a potential rise in Ethereum’s price.

The investor’s identity remains unknown. Arkham Intelligence labels him as an “unconfirmed third-party organization” next to the wallet identifier.

Garrett Jin, the former CEO of the now-closed BitForex exchange (shut down in 2024), denies owning this wallet. However, after a blockchain investigation last month, he indirectly confirmed a connection to this individual.

Amid the general rise in the cryptocurrency market, Ethereum has increased by 2% over the last 24 hours. Its current price is around $2,900, according to CoinGecko.

Industry analysts and experts point to changes in futures data, suggesting that the cryptocurrency market may be forming a bottom. However, it remains unclear whether bulls or bears will take control next.

See also: "Santiment: Large Investors Are Accumulating Bitcoin Again"

#Buy #Ethereum (ETH) #Cryptowallet

Editor: Yuliya Soroka
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