# Hyperliquid Whale Opens Nearly $29 Million in BTC, ETH and NEAR Longs

By Enna Lee

Canonical URL: https://www.tokenpost.com/news/investing/30105
Published: 2026-10-12T07:54:29.000Z
Updated: 2026-10-12T07:54:29.000Z
Section: Investing

> The address used 40x leverage for Bitcoin, 25x for Ether and 10x for NEAR, with an estimated unrealized gain of $243,000.

A whale address on Hyperliquid opened leveraged long positions across Bitcoin (BTC), Ether (ETH) and NEAR on Oct. 12, establishing positions with a combined notional value of about $28.8 million.

The address first accumulated 200 BTC at an average entry price of $83,604.50 using 40x leverage. It then opened a 4,000-ETH position at an average price of $2,536.23 with 25x leverage.

The address also built a NEAR position and continued adding to it. It held about 332,000 NEAR at an average entry price of $5.81, using 10x leverage.

The combined positions were valued at about $29.04 million, with an estimated floating profit of roughly $243,000. The positions span BTC, ETH and NEAR.