The whale that bought the dip on ETH after the 10.11 flash crash has turned from profit to loss, and is now ranked second in long positions on the ETH contract on Hyperliquid.

By: theblockbeats.news|2025/11/03 09:02:52

BlockBeats News, November 3rd, according to HyperInsight monitoring, the "Strong Long ETH" whale (0xb9f) ETH long position is currently at a floating loss of $600,000 (20%), with an average price of $3,741. The position has a notional value of approximately $71.75 million and now ranks second in the ETH contract long position list on Hyperliquid.

The address previously bottomed out ETH at $3696 after the October 11 flash crash, continued to roll the position, and has held the long position for over 23 days. The unrealized gains once exceeded 300% but have now turned into losses, and the position has not yet been closed.

Balancer Protocol, a popular automated portfolio management platform, has been exploited in a hack resulting in the loss of over $98 million worth of assets. The attack is still ongoing.