Hupzy (Spot On Chain)|9月 17, 2026 01:39
A whale holds a $𝟮𝟲.𝟲𝗠 ETH long at 𝟮𝟬𝘅 𝗹𝗲𝘃𝗲𝗿𝗮𝗴𝗲, adding for three weeks without a single partial close. The position was up $1.4M last week but down $220K today after the Fed hiked 25bps.
𝗛𝘂𝗽𝘇𝘆 𝘁𝗮𝗸𝗲: This is a high-conviction bet absorbing the Fed-hike drawdown without flinching — but 20x leverage makes it fragile. Estimated liquidation sits ~5% below entry near $2,319, meaning a modest ETH pullback could force a cascade of forced selling.
ETH is trading in the $2,320–2,400 zone. If price drifts toward the liquidation level, forced selling from this position could amplify downside. Watch for cascading liquidations below $2,400.
https://arkm.com/explorer/address/0x6c93641c0a049a171bf80b34d639c51c31b259a4
source: arkham
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