"ETH Swing Master" Floating Gains Expand to $11 Million, Now the Largest ETH Bull on Chain

MarsBitNews

2026-03-13 02:05:04

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Mars Finance News, March 13 — According to Hyperinsight monitoring, as ETH rebounded above $2,100, the “ETH Wave Master” address (0xa5b0) increased its total unrealized profit on long positions to $11.5 million, with a total holding size of $199 million. This address is currently the largest long position holder for both BTC and ETH on the Hyperliquid platform. Its ETH long position was opened on February 9 and has not been closed since February 15, maintaining a bullish outlook. Its main positions are as follows:

15x ETH long: approximately 70,000 ETH, about $148 million, average price $1,991, unrealized profit $9.27 million (93%)
20x BTC long: approximately 700 BTC, about $50.1 million, average price $68,420, unrealized profit $2.23 million (89%)
This whale previously established ETH long positions worth over $100 million at the end of last year and fully closed them in February this year. Recently, it has been rebuilding positions and has received multiple transfers from Matrixport, suspected to be related addresses.

ETH4.37%

BTC3.12%

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