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Data: Last week, the bullish traders who bought the dip on BTC and ETH recorded a loss of 7.35 million, and then opened a long order of 1.3 million USD in ETH.
According to ChainCatcher news, monitoring by Coinbob of popular addresses shows that in the past 4 hours, a whale (0x93c) that was the “largest long position on BTC in Hyperliquid” last week closed a stop loss on its holdings of approximately 64 million USD of BTC long orders and 21.1 million USD of ETH long orders, recording a loss of about 7.35 million USD. Subsequently, it used the remaining 1.3 million USD in its account to open a 25x leveraged ETH long order at an average price of 2980 USD, with a liquidation price of 2919 USD. This address has transferred about 8 million USD to Hyperliquid since November 12, and then made several attempts to buy the dip on ETH, earning a small profit of 700,000 USD. Following this, from the 13th to the 14th, it heavily opened long positions on BTC and ETH, briefly becoming the largest long position on BTC in Hyperliquid.