The price drop of ETH caused a certain whale to suffer a $14.77 million unrealized loss on their long position. The "Big Buddy" still holds a $120 million position.

BlockBeats News, August 30th, according to HyperInsight monitoring data, due to the decline in the ETH price, several well-known traders and whale addresses are currently experiencing significant unrealized losses. Among them, the whale address 0xa523...75aa opened a 15x ETH long position at a price of $4534, and during this period, it repeatedly added to its position to lower the liquidation price. Currently, the address holds a position size of $247 million, with an unrealized loss of $14.77 million, and a liquidation price of $4181.

In addition, "Brother Ma" Huang Licheng's address still holds ETH and HYPE long positions. Its ETH position size is $121 million, with an opening price of $4512, a liquidation price of $3244.44, and a current unrealized loss of $6.42 million; the HYPE position size is $17.82 million, with an unrealized loss of $0.7978 million.

Among other prominent traders, James Wynn, who was liquidated for $100 million, "insider trader" @qwatio, AguilaTrades, and others have all exited after losing their entire principal in this downturn. Currently, only the "Rolling ETH Long" whale is still engaging in small-scale trades, with the address holding a 25x ETH long position worth $993,600, with an unrealized loss of $17,600 and a liquidation price of $4247.39.