The White Whale's ETH long, opened Aug 24, 2025
Hyperliquid Net loss −$26.6M · held 47.1 days
The White Whale opened an ETH long on 2025-08-24 19:41 UTC with a first fill at 4,820.3. After adding and trimming along the way, the size-weighted average entry was 4,638.3. It was held for 47.1 days and fully closed by 2025-10-10 21:17 UTC at an average of 3,712.1.
The average exit was 20.0% below the average entry, and the trade lost $26.6M net.
Of The White Whale's 1,628 trades, it is the biggest loss, 31% of the total from all losing trades.

- The position peaked at 23,537 ETH (about $109.2M at the average entry) on 2025-09-06 16:22 UTC.
- 53% of the closing size (15,186 ETH) was filled as a liquidation; the fill record marks it “Liquidated”.
- Side
- Long
- Market
- ETH
- Account
- Main
- Opened (UTC)
- 2025-08-24 19:41
- Closed (UTC)
- 2025-10-10 21:17
- Held
- 47.1 d
- Average entry
- 4,638.3
- Average exit
- 3,712.1
- Net P&L
- −$26.6M
- Gross P&L
- −$26.6M
- Fees
- −$41.1K
- Funding
- not included
- Fill records
- 5,942
Before and after
Totals only: the number of other positions and their combined final P&L.
- In the 7 days before opening: 17 other positions closed, +$59.2M combined.
- While this one was open (47.1 days): 28 other positions opened, −$49.7M combined.
- Within an hour of this close: 4 other positions also closed, −$53.8M combined.
- In the 7 days after closing: 9 new positions, +$249K combined.
All of The White Whale's trades →
About the data
The main account and all five sub-accounts, rebuilt fill by fill into positions and checked for gaps. The name comes from public attribution. The candles are OKX ETH-USDT-SWAP; prices differ slightly between exchanges, and the markers keep the original fill prices. P&L does not include funding payments.
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