A certain smart money opened a 2x long position on Ethereum in less than 1 hour, with an entry price of $3,837.

BlockBeats News, July 27th, according to on-chain information, a whale recently opened a 2x leveraged Ethereum long position for nearly 1 hour, currently holding a $12.977 million Ethereum long position at an entry price of $3,837.

Additionally, the same address holds the largest long position with a 3x leveraged XRP long, with a position value of $16.26 million.

This address has accumulated a profit of $1.447 million on Hyperliquid.