0x77dd address increases its holdings by approximately 66620000 USD ETH long position, bringing its holdings to 29200 units
BIBIBI
AT A GLANCE
TradingBeats said that an address increased its Hyperliquid position by 24,737.55 units of ETH, bringing its holdings to 29,224.68 units.
Article
ETH Long-position whale significantly increases position 66620000 USD, expanding the long position to 6.5 times its previous size.
According to TradingBeats monitoring, the whale address beginning with 0x77dd on Hyperliquid bought this morning 08:28 to 08:49 in consecutive purchases 24,737.55 units ETH, completing approximately 21 minutes of position increases totaling 66623300 USD at a volume-weighted average execution price of approximately 2693.21 USD.
Before this increase, the address held only 4487.12 units ETH long position; afterward, its holdings rose to 29,224.68 units, expanding to approximately 6.5 times the previous size. The newly added position accounts for approximately 84.6%.
As of Beijing time 13:58, the address had not reduced its position and still held the entire aforementioned ETH long position, worth approximately 77924700 USD, with a volume-weighted average entry price of 2676.34 USD, and an unrealized loss of approximately 290800 USD.
The position uses 10 x cross-margin leverage, with an estimated liquidation price of approximately 2394.24 USD, still some distance from the current price. The address currently has no ETH unfilled limit orders.
According to TradingBeats monitoring, the Hyperliquid address beginning with 0x77dd made consecutive purchases of 24,737.55 units of ETH from 08:28 to 08:49 this morning.
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The article states that this increase amounted to approximately 66623300 USD, with a volume-weighted average execution price of approximately 2693.21 USD。
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Before the increase, the address held a 4487.12-unit ETH long position; afterward, its holdings rose to 29,224.68 units, approximately 6.5 times the previous amount.
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The newly added position accounts for approximately 84.6% of the current total holdings.
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As of Beijing time 13:58, the article states that the address had not reduced its position; the position was worth approximately 77924700 USD, with a volume-weighted average entry price of 2676.34 USD, and an unrealized loss of approximately 290800 USD。
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The position uses 10 x cross-margin leverage, with an estimated liquidation price of approximately 2394.24 USD。
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The article states that the address had not set ETH any unfilled limit orders at that time.
AI-assisted interpretation
The following is analysis, separate from reported facts. Verify important claims independently.
This information describes an address beginning with 0x77dd concentrating on increasing its ETH long position. A long position means betting that the price will rise;10 x cross-margin leverage magnifies the impact of price movements on the position’s profit, loss, and liquidation risk.
Why it matters to readers
A large position increase can serve as a data point for observing changes in market participants’ positioning; however, it reflects only the activity of a single address at a specific time and cannot by itself establish that ETH will rise afterward.
Beginners should focus on understanding long positions, leverage, unrealized losses, and liquidation prices: leverage magnifies both gains and losses, and position risk increases as the price approaches the liquidation price.
Risks and unknowns
The data comes from TradingBeats monitoring; the original text does not provide on-chain transaction details that can be independently verified.
The original text does not identify the actual controller of the address beginning with 0x77dd.
The liquidation price is an estimate, and the specific calculation method is not stated.
“This morning” and “as of 13:58 Beijing time” are not tied to a specific date in the main text.
The original text does not establish whether the address later reduced its position, added margin, or was liquidated.
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Related concepts
Long Position
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