5Perp DEXNewJun 23, 2026
Large ETH Short Position of $39.64M Opened On-Chain
An unidentified whale address opened a short position on 23,000 Ethereum valued at approximately $39.64 million on-chain. A separate address also opened a long position of 21,000 ETH on Hyperliquid, representing the eighth-largest ETH position on the platform.
Story timeline · 3 days
- Jun 26, 20264All Ethereum Whale Cohorts Underwater for First Time Since 2019
Analysis finds all three major ETH whale categories have fallen into loss, the first time since 2019, extending the unrealized loss story for large ETH holders.
- Jun 25, 20264Ethereum Whale Holds $77M Unrealized Loss on 120,000 ETH Long; Adds $8M in Margin
The large ETH long whale added $8M in margin as unrealized losses grew to $77M, extending prior large ETH position tracking.
- Jun 23, 20265· this storyLarge ETH Short Position of $39.64M Opened On-Chain