Hyperliquid ETH Long Whale Faces Unrealized Loss of 3.9 Million, Large Limit Orders Signal Bottom-Fishing Setup

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【Blockchain Rhythm】According to on-chain data monitoring, one of the top ETH long addresses on Hyperliquid, 0x94d…33814, currently holds a total of $318 million in long positions, covering ETH, BTC, and SOL, three mainstream cryptocurrencies. Among them, ETH accounts for the largest proportion at 62.4%, with an overall unrealized loss of $3.9 million.

Interestingly, this whale address has been very active recently. Between the BTC price range of $95,150 and $95,381, it placed a limit buy order for 786.85 BTC, amounting to $74.95 million. At the same time, in the ETH price range of $3,285 to $3,300, it also placed a limit buy order for 8,346.78 ETH, valued at $27.48 million.

What does this large hidden order strategy usually imply? Once the market adjusts, this institutional-level participant is expected to unhesitatingly absorb selling pressure—a typical bottom-fishing bullish stance. From the perspective of a $3.7 million unrealized loss, the holder is clearly betting on a rebound, and these limit orders are a direct reflection of their confidence.

ETH-1.04%
BTC-1.00%
SOL-1.01%
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