The largest ETH holder on Hyperliquid added another 5,000 tokens as the price dips

WalletWhisperer · 2026-03-02T06:17:46+00:00

An institutional investor increased their long position in ETH by 5,000 tokens amid price pressures, now holding a total of 105,000 ETH valued at around 19,283,746,565,748,392,010 million. Despite unrealized losses of $10.43 million, this strategy indicates confidence in Ethereum's long-term recovery potential.

WalletWhisperer

2026-03-02 06:17:46

Abstract generation in progress

According to the second Ember report by Foresight News, the largest long position holder on the Hyperliquid platform added another 5,000 ETH when the cryptocurrency dropped to approximately $1,950. This move occurs amid a price pressure scenario, signaling a contrarian strategy by the major investor.

Increased Position During Price Decline

The address in question maintains a total long position of 105,000 ETH, valued at around $205 million. The major holder added these 5,000 tokens at an average price between $2,029 and $2,060, demonstrating a strong bet on the asset’s recovery even during the correction phase.

Unrealized Losses Reflect Confidence in Rebound

With ETH trading around $1,970, this institutional investor’s portfolio shows an unrealized loss of $10.43 million. Despite the apparent loss, the fact that the holder increased their position suggests an expectation of a trend reversal. This accumulation strategy during volatile times is characteristic of investors who believe in Ethereum’s long-term potential, especially considering the network’s history of recovery after periods of pressure.

ETH6,01%

View Original

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.