On-chain ETH Longs Max PNL Reaches $16M, Current Position Size at $203M

BlockBeats News, March 16th, according to Coinbob Popular Address Monitor, the "ETH Whale Master" address (0xa5b0) has seen its total long position profit increase to $1.6 million, with a total position size of $203 million.

This address is currently the largest long position address for both BTC and ETH on the Hyperliquid platform. Its ETH long position was opened on February 9th and has not been closed since February 15th, maintaining a bullish view. Its main positions are as follows:

15x ETH Long: Holding approximately 70,000 ETH, equivalent to about $152 million, with an average price of $1991, and a profit of $13 million (128%);

20x BTC Long: Holding approximately 700 ETH, equivalent to about $50.8 million, with an average price of $68420, and a profit of $2.93 million (114%);

This whale had previously established an ETH long position of over a billion dollars at the end of last year and closed it all in February this year. Recently, it has started building its position again and has repeatedly received fund transfers from Matrixport, indicating a suspected associated address.