Latest Update
2026-10-12 21:41 UTC

Lookonchain: Whale Nets $29.75M on Hyperliquid ETH Trades

Lookonchain: Whale Nets $29.75M on Hyperliquid ETH Trades

Lookonchain reports a mysterious whale created four wallets four months ago and booked $29.75M profit across 15 Hyperliquid trades, including a fresh 24,000 ETH long now showing $2.6M unrealized gains.

Source

Analysis

Lookonchain flagged a mysterious whale that opened four fresh wallets four months ago and has since executed 15 trades on Hyperliquid for a cumulative $29.75M profit.

The same entity today entered a long on 24,000 ETH valued at $60.7M, already reflecting $2.6M in unrealized gains across the tracked addresses.

ETH trades at $2529.7 beneath both the EMA50 at $2557.34 and EMA200 at $2576.79, locking in the bearish structure, while the MACD golden cross at -9.61 hints at building upside momentum. Price now presses the upper Bollinger Band at $2568.49 with RSI neutral at 50.21, suggesting the whale’s long could extend toward that resistance before any pullback tests the lower band support at $2464.07.


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