Ethereum Bottom-Buyer Nets 221% Gains, Doubles Down on HYPE Today

According to BlockBeats citing Hyperinsight monitoring, Hyperliquid whale address 0x0c4a has accumulated 221% unrealized profits on an Ethereum long position established on June 26. The trader built a 4,060 ETH position at an average price of $1,531 per coin with an initial investment of $311,000 at 20x leverage, now holding a floating profit of approximately $691,000 as ETH rebounded 12.5% from the June 26 low of $1,510 to above $1,700.

Beyond Ethereum, the address also holds a Bitcoin long position with approximately $250,000 in unrealized gains. The trader has further added a 38 million HYPE long position over the past 7 hours at $66.7 average price with 10x leverage, aggressively building out bullish exposure.