BlockBeats News, February 25 — According to Coinbob’s hot address monitoring, the largest long position on XPL at Hyperliquid () has endured a prolonged “battle of endurance” lasting over four months, 137 days.
This address opened a 5x leveraged long position on XPL at an average price of $0.724 just before a major dip on October 11, 2025, attempting to bottom fish and catch the next upward wave of XPL. However, the market sharply reversed on the very day of entry, trapping this position in a long-term hold. Since October last year, the address has deposited approximately $6.7 million net into Hyperliquid, continuously adding margin and averaging down to sustain this contrarian position.
After 137 days and nights, the XPL price has shown no signs of recovery. The average cost basis of the position has been lowered to $0.176, but the unrealized loss remains at $3.46 million, a 507% loss, exceeding the original capital invested. It is poignant to note that during this period, no new positions were opened — all chips are committed to this single bet.
From late autumn through early spring, he is still waiting for a reversal.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
Data: If BTC breaks through $69,504, the total liquidation strength of mainstream CEX short positions will reach $1.251 billion.
ChainCatcher reports that, according to Coinglass data, if BTC breaks through $69,504, the total liquidation strength of long positions on major CEXs will reach $1.251 billion. Conversely, if BTC drops below $62,934, the total liquidation strength of short positions on major CEXs will reach $1.193 billion.
GateNews10m ago
Data: If ETH breaks through $2,048, the total liquidation strength of mainstream CEX short positions will reach $869 million.
ChainCatcher Message: According to Coinglass data, if ETH breaks through $2,048, the total liquidation strength of mainstream CEX short positions will reach $869 million. Conversely, if ETH drops below $1,855, the total liquidation strength of mainstream CEX long positions will reach $632 million.
GateNews10m ago
XRP futures surge triggers price volatility; can it hold the $1.20 support in the short term?
The XRP market is undergoing structural changes, with futures trading volume increasing, indicating rising speculative interest. The current price is under pressure from the 50-day moving average, and multiple days of "doji" patterns suggest market hesitation. $1.20 is a key support level; if it breaks, the price could fall to $1.00, while $1.50 is an initial resistance in a bullish market. Market volatility expectations require attention to how futures trading activity impacts the price.
GateNews40m ago
Solana price consolidates for nearly four weeks, ETF capital inflows spark market attention
Solana (SOL) price fluctuates between $84 and $85, with strong institutional investor confidence, attracting over $900 million in ETF inflows. Retail investors are more cautious, with open interest in futures contracts down over 6%. Technical analysis shows the price below key moving averages, indicating potential volatility. On-chain user growth is significant; if it breaks above $88, it will challenge the $99 resistance level. Market resilience is strengthening, but attention should be paid to the support level at $77.
GateNews53m ago
Bitcoin "dead" search volume soars! BTC remains in the $62,000 range after dropping 50%, data reveals the real signal
As Bitcoin prices have fallen from the 2025 all-time high to the range of approximately 62,000 to 70,000, market sentiment has become more pessimistic, and related searches have increased. However, on-chain data, network activity, and institutional participation still show resilience. Market analysis indicates that the volatility is mainly influenced by macro liquidity tightening, with institutions believing that the market structure remains stable and investors continue to focus on the impact of geopolitical events on Bitcoin prices.
GateNews58m ago
