Hyperliquid whale re-enters with $40M ETH long

Hyperliquid’s largest long whale has rebuilt a long position totaling 16,000 ETH worth $40 million, according to EmberCN. The entry price was $2,490. The whale had earlier transferred a combined 26.83 million USDC to Hyperliquid through three new wallets and has now opened 8,000 ETH long positions from each of two addresses. Three days earlier, the whale had closed long positions in 120,000 ETH and 2,000 BTC, locking in $61.72 million in profit.