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A certain whale just made a major move.
First, they injected 70 million USDC into Hyperliquid. Then, within a few hours, they opened a massive long position on ETH at $3,048, with a total position size reaching $166 million and holding about 54,000 ETH.
Currently? There’s already an unrealized profit of $910,000 on paper.
The timing of this move was spot-on, and both the capital involved and the entry point are worth noting. With the whale making a move, how will the market play out next?