Whale holds 24,500 ETH long position on Hyperliquid
Original headline鲸鱼在 Hyperliquid 持有 2.45 万枚 ETH 多仓
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A whale identified as @fiyopi opened a long position of 24,500 ETH worth roughly $50.59 million on the Hyperliquid perpetuals exchange over the past two days, with an average entry price of $2,207.5 per ETH. The position is currently underwater by about $3.5 million, implying ETH has traded below the entry level since it was established. The trade stands out for its size relative to typical Hyperliquid flow and signals that at least one large holder is betting on an ETH rebound despite the drawdown. Traders will be watching whether the whale adds to the position, cuts losses, or gets liquidated, and whether other large wallets follow with similar long exposure on the venue.
Muhabbit's AI wrote this summary in its own words from TechFlow's report and translated it from Chinese. It can get details wrong, so check the source.
Named in this story
ETH (ETH), Hyperliquid (HYPE), @fiyopi
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