Tuesday Nov 25 2025 06:10
2 min
A prominent trader on the Hyperliquid platform, known colloquially as the "$10B HyperUnit Whale," has significantly increased their exposure to Ether (ETH) by accumulating a $44.5 million long position. This strategic move follows a period of substantial gains for the whale, primarily derived from well-timed short positions, including profits nearing $200 million during the market crash on October 10th.
Data from blockchain analytics firm Arkham Intelligence reveals that the whale added $10 million to an existing long position on Monday, bringing their total investment in Ether longs to $44.5 million. Arkham highlighted this activity in an X post, noting that the whale was already up over $300,000 in under an hour.
This aggressive position raises questions about the whale's outlook on Ether's future trajectory. Is this a calculated bet on a market bottom and subsequent rally, or simply a high-stakes gamble?
The identity of this influential trader remains shrouded in mystery. Arkham Intelligence lists the wallet under an "unverified custom entity." Garret Jin, the former CEO of the now-defunct crypto exchange BitForex, has denied ownership of the wallet but seemingly confirmed a connection to the individual after online sleuthing last month.
Ether has experienced a modest rebound, climbing 2% in the last 24 hours and currently trading around $2,900, according to CoinGecko data. Industry analysts are pointing to shifts in futures data as potential indicators of a market bottom, although the ultimate direction remains uncertain.
In conclusion, the Hyperliquid whale's substantial investment in Ether presents an intriguing development, adding a layer of speculation and potential volatility to the cryptocurrency market.
Risk Warning: this article represents only the author’s views and is for reference only. It does not constitute investment advice or financial guidance, nor does it represent the stance of the Markets.com platform.When considering shares, indices, forex (foreign exchange) and commodities for trading and price predictions, remember that trading CFDs involves a significant degree of risk and could result in capital loss.Past performance is not indicative of any future results. This information is provided for informative purposes only and should not be construed to be investment advice. Trading cryptocurrency CFDs and spread bets is restricted for all UK retail clients.
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