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Trader adds $12M to leveraged longs, focusing 60% on Ethereum amid market dip

Market News
28 Sep 2026
Tokenpost
View Source
Bullish
Trader adds $12M to leveraged longs, focusing 60% on Ethereum amid market dip

A large trader on Hyperliquid increased leveraged long positions by nearly $12 million during a market decline on September 28. Over 60% of this new capital was allocated to Ethereum, with 2,750 ETH purchased at an average price of $2,684, totaling about $7.38 million. The trader also bought 25 Bitcoin and 20,000 Solana tokens, but later closed the Solana position. Despite a combined unrealized loss of around $600,000 on current holdings, Ethereum remains the primary focus of the trader's strategy amid the broader market pullback.

Following the large trader's increased Ethereum longs, ETH on Pluang trades at Rp48,428,305 as of Sep 28, 2026 23:29 WIB, showing a modest 0.43% gain in the last day. Bitcoin is priced at Rp1,510,000,000 with a slight 0.33% decline, while Solana trades at Rp2,159,723, down 1.15%, reflecting mixed sentiment among Pluang users. Ethereum's strong buy activity at 61% on Pluang aligns with the trader's focus on ETH despite recent market volatility.

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