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Whale "0x049" Closes Leveraged Positions on ETH and BTC with $598,369 Loss

ethereum news bitcoin news Derivatives Data

2026-02-20 07:29:06

ETH-0.04%

BTC0.03%

Gate News bot message, The trader known as "0x049" has fully exited long positions in $ETH and $BTC , recording a loss of $598,369. The total loss for this whale reaches $510,560. Previously, according to Onchain Lens on February 18, 2026, whale "0x049" had deposited $1.765M in $USDC into HyperLiquid and opened $ETH and $BTC long positions with 20x leverage, holding 9,411.33 $ETH ($18.59M) and 260.11 $BTC ($17.49M).

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