The largest long positions in on-chain BTC and ETH are approaching break-even, with total holdings reaching $183 million.

MarsBitNews · 2026-03-04T08:10:56+00:00

On March 4th, Hyperliquid data shows that BTC rebounded from yesterday's low of $66,000 to $68,640, a 3.9% increase. ETH's gains were smaller, with the total holdings of the largest long addresses in BTC and ETH reaching $183 million. BTC has turned profitable, while ETH still needs to rise by 0.2% to break even.

MarsBitNews

2026-03-04 08:10:56

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Mars Finance News: On March 4th, Hyperliquid’s official data shows that BTC rebounded after hitting a low of $66,000 last night at 11 PM, currently trading at $68,640, with a rise of 3.9%. ETH’s increase during the same period was smaller. According to Hyperinsight monitoring, the largest long positions on the platform for ETH and BTC are both held by the “ETH Wave Master” address (0xa5b0), with a total holding of $183 million. Its BTC long position is $47.7 million, which has now turned profitable; ETH long position is $139 million, still needing about 0.2% increase to break even, with an unrealized loss of approximately $170,000. Additionally, this address has received multiple transfers from Matrixport, and another suspected related address (0x6C8) holds about $99.5 million in ETH long positions, with an unrealized loss of $1.1 million.

BTC7,65%

ETH9,81%

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