On September 21, a whale address beginning with 0x77dd on Hyperliquid continued buying ETH, adding 24,737.55 ETH in about 21 minutes at an average price of about $2,693.21. According to BlockBeats On-chain Detection, the address had held only 4,487.12 ETH in long positions before the latest increase.
After the new purchases, its holdings rose to 29,224.68 ETH, about 6.5 times the previous size. The newly added position accounted for about 84.6% of the total holdings.
At the time of reporting, the position was worth about $77.92 million, with a combined entry price of about $2,676.34. The address was sitting on an unrealized loss of about $290,800 and was using 10x cross leverage, with an estimated liquidation price of about $2,394.24.