Significant Losses for Prominent Traders Amid ETH Price Decline

According to BlockBeats, recent data from HyperInsight reveals substantial losses for several well-known traders and whale addresses due to the decline in ETH prices. A notable whale address, 0xa523...75aa, opened a 15x ETH long position at $4,534, repeatedly increasing its holdings to lower the liquidation price. The current position size is $247 million, with an unrealized loss of $14.77 million and a liquidation price of $4,181. Additionally, Huang Licheng, known as "Brother Machi," continues to hold ETH and HYPE long positions. His ETH holdings amount to $121 million, with an opening price of $4,512 and a liquidation price of $3,244.44, resulting in a current unrealized loss of $6.42 million. His HYPE position is valued at $17.82 million, with an unrealized loss of $797,800. Other traders under scrutiny include James Wynn, who previously faced a $100 million liquidation, "Insider Trader" @qwatio, and AguilaTrades, all of whom have exited the market after losing their principal during this downturn. Currently, only the whale known for "rolling long ETH" remains active, holding a $993,600 25x ETH long position with an unrealized loss of $17,600 and a liquidation price of $4,247.39.