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Trader opens $60.7M Ethereum long after $29.75M gains, showing strong on-chain derivatives activity

Technical Signals
13 Oct 2026
Tokenpost
View Source
Bullish
Trader opens $60.7M Ethereum long after $29.75M gains, showing strong on-chain derivatives activity

A trader on Hyperliquid has made $29.75 million in realized profits from 15 trades and recently opened a 24,000 ETH long position worth about $60.7 million. This position currently holds an unrealized profit of $2.6 million. The trader's activity, starting four months ago via four new wallets, is notable for its high success rate and large size, highlighting significant on-chain derivatives interest in Ethereum. The value and profit of the position will fluctuate with ETH prices and the trader's actions.

The Hyperliquid trader's $29.75 million gain across 15 trades sets a notable benchmark in on-chain derivatives activity. For readers following major cryptocurrencies, here is Pluang's market snapshot as of Oct 13, 2026 12:02 WIB: out of 50 priced major cryptocurrencies, 6 rose and 43 fell today. Kusama (KSM) traded at Rp85.763 with a 1-day change of -6.13% and a typical hold time on Pluang of 80 days, MultiversX (EGLD) at Rp67.489 with a -5.95% change and 85 days hold time, and Decentraland (MANA) at Rp1.666 with a -5.93% change and 156 days hold time.

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