A trader described by Odaily as the biggest long-side whale on Hyperliquid has reopened an Ether position after recently closing a much larger book in profit. Three days earlier, the trader exited 120,000 ETH and 2,000 BTC and realized $61.72 million in gains, according to the report.
Odaily said the trader then moved 26.83 million USDC into Hyperliquid through three newly created wallets. Two of those wallets each opened long positions in 8,000 ETH at $2,490, putting the combined size of the new ETH bet at roughly $20 million. The report did not disclose details for the third wallet beyond its role in the transfer flow.
The move marks a return to bullish ETH positioning shortly after a large profit-taking event, based on the figures cited by Odaily.
A trader described by Odaily as the largest long-side whale on Hyperliquid has reopened long positions in Ether after taking profit on a much larger set of trades three days earlier.
According to Odaily, the trader had closed 120,000 ETH and 2,000 BTC positions and booked $61.72 million in profit. The trader then transferred 26.83 million USDC into Hyperliquid through three new wallets.
Odaily said two of those wallets each opened long positions in 8,000 ETH at $2,490. The combined size of the two ETH positions was about $20 million.
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