Data: A certain trader's long position in ETH worth 110 million USD has turned from a loss of 4.9 million to a profit of 1.98 million USD

According to Arkham monitoring, trader 0x039 deposited into a new wallet two weeks ago and established an 8x leveraged long position in ETH on Hyperliquid. Ten days ago, when the ETH price reached $2,372, it faced an unrealized loss of about $4.9 million.

Currently, the ETH price has risen above its entry price of $2,486; the long position worth $114.37 million that it holds has now made a profit of $1.98 million.