On chain address 0xa5b0 ETH multiple position return, floating profit of $700000

On March 9th (UTC+8), according to Hyperinsight monitoring, ETH prices rose above $2000, and the ETH long position at address 0xa5b0 returned to the water, with a floating profit of $700000 (7%). The current position size of this address is about 70000 ETH, approximately 144 million US dollars, with an average opening price of 1991 US dollars, making it the largest long position of ETH on the Hyperliquid platform. This address is the largest long position for both BTC and ETH on the Hyperliquid platform. The 15 times leverage ETH long position was opened on February 9th and has not been closed since February 15th. At the end of last year, the address had established multiple ETH orders worth over one billion US dollars and closed them all in February of this year. Recently, it has reopened its position, which is suspected to be related to the transfer of Matrixport funds.