The decline in ETH prices has led to significant losses for several well-known traders and whale addresses, with one whale facing a floating loss of 14.77 million dollars on long positions

ChainCatcher news reports that, according to HyperInsight monitoring data, several well-known traders and whale addresses are currently experiencing significant unrealized losses due to the decline in ETH prices. Among them, the whale address 0xa523…75aa opened a 15x long position in ETH at a price of $4534, and has added to the position multiple times to lower the liquidation price. Currently, this address has a position size of $247 million, with an unrealized loss of $14.77 million, and a liquidation price of $4181.

In addition, "Brother Ma Ji" Huang Licheng's address still holds long positions in ETH and HYPE. His ETH position size is $121 million, with an opening price of $4512, a liquidation price of $3244.44, and a current unrealized loss of $6.42 million; the HYPE position size is $17.82 million, with an unrealized loss of $797,800. Among other notable traders, James Wynn, who previously faced a $100 million liquidation, "insider trader" @qwatio, and AguilaTrades have all exited with their principal lost in this downturn. Currently, only the whale that continues to "roll over and go long on ETH" is still making small-scale trades, holding a 25x long position in ETH worth $993,600, with an unrealized loss of $17,600 and a liquidation price of $4247.39.