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Home News On-chain whales have been taking profit and exiting their long positions, while the “buddy” has now taken the lead in the ETH bull camp.

On-chain whales have been taking profit and exiting their long positions, while the "buddy" has now taken the lead in the ETH bull camp.

On-chain whales have been taking profit and exiting their long positions, while the “buddy” has now taken the lead in the ETH bull camp.

BlockBeats News, April 16th, according to Hyperinsight monitoring, the recent market has seen a significant rebound, with several on-chain top whales taking profit and exiting. The “Matrixport-affiliated whale,” who once held the second largest ETH long position, has completely liquidated today with a profit of $48.2 million.

As of the time of writing, the largest ETH long position on Hyperliquid has been transferred to “Buddy” Huang Licheng. He currently holds a 25x leveraged ETH long position, amounting to $32.5 million, with an average price of $2,245 and a liquidation price of $2,151.

It is reported that this address plans to take partial profits once the ETH price reaches $2,350, with the profit-taking range extending up to $2,425, and an estimated closing amount of about $4.42 million.

Address: 0x020ca66c30bec2c4fe3861a94e4db4a498a35872

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