A $121M ETH sell order has been sitting at $4,000 for 36 days. The Hyperliquid trader behind it currently holds approximately 30,300 ETH long—the order size almost exactly matches the position. Key figures: • Limit price: $4,000
• Order size: 30,280 ETH
• Order value: $121.13M
• Unrealized PnL: +$12.69M
• Cumulative PnL: +$13M
• Account value: $32.73M This appears to be a full-position exit target rather than an immediate bearish bet. If ETH reaches $4,000 and the order is filled, the trader could close a long built near $2,134 with an estimated position profit of roughly $56.5M. But $4,000 remains far above the current market price—and the order can still be modified or canceled. The key signal to watch: does the whale keep the target in place as ETH moves higher? Data tracked by AiCoin.
Not financial advice. #Ethereum #ETH #Hyperliquid #SmartMoney