Whale closes position with a loss of 610,000 USDT on ETH, then doubles leverage to go long on HYPE and is now showing an unrealized loss of 480,000 USDT

NullWhisperer · 2026-01-09T08:50:09+00:00

On the afternoon of January 9th, a whale trader closed a $15.53 million ETH long position, incurring a loss of $616,000, but still continued to go long on HYPE tokens with 2x leverage, holding a position worth approximately $17.5 million. Currently, the unrealized loss is $481,000, indicating a clear risk appetite.

NullWhisperer

2026-01-09 08:50:09

Abstract generation in progress

【BlockBeats】On the afternoon of January 9th, a whale’s trading activity drew attention. According to on-chain monitoring data, the whale closed a long ETH position worth $15.53 million at 16:37, ending with a loss of $616,000. However, the operator did not fully cut losses and remains aggressive in the market—using 2x leverage to continue going long on HYPE tokens, holding 685,219.52 tokens, corresponding to a position worth approximately $17.5 million. But this new position has also faced difficulties, currently showing an unrealized loss of $481,000. This series of actions can be seen as both risky and persistent, indicating that the whale’s risk appetite remains quite evident.

ETH0.24%

HYPE-3.62%

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FallingLeaf

· 01-09 09:20

This whale is really bold, risking more leverage to play HYPE after losing, chasing the rise is truly fearless.

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ZeroRushCaptain

· 01-09 09:17

Still risking 610,000 with 2x leverage on HYPE? This is the true opposite indicator. Sisters, doing the opposite is always right.

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FrontRunFighter

· 01-09 08:56

dude just yeeted 616k on eth and immediately went full degen mode with 2x HYPE leverage... this is what happens when you don't take the L and walk away. classic dark forest behavior - bleeding out on both sides while thinking you're playing 4d chess. market's gonna keep extracting that MEV regardless lmao

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BoredApeResistance