A certain ETH whale sells 23,924 ETH and places limit buy orders for BTC, ETH, and HYPE.

2026-02-24 03:06:19

Abstract generation in progress

Deep Tide TechFlow News, February 24 — According to on-chain analyst Ai Yi (@ai_9684xtpa), address 0xead…E9D55 sold 23,924 ETH over the past 10 hours at an average price of $1,888.71, totaling approximately $45.18 million.

The funds in this address come from two sources: 19,000 ETH accumulated in 2017 (cost approximately $357 per ETH) and 7,038 ETH withdrawn from exchanges between December 2023 and April 2024 (cost approximately $2,709.43 per ETH).

After reducing its holdings, the address deposited 15.998 million USDC as margin into Hyperliquid and placed limit buy orders for BTC, ETH, and HYPE on the platform. Currently, the address holds a position of about $56.18 million, mainly long positions, with an unrealized loss of approximately $6.462 million.

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