Hyperliquid’s largest long whale opens $79M BTC long position

Amid heightened market volatility following Federal Reserve Chair Kevin Warsh’s Jackson Hole speech, a whale known as the largest long holder on Hyperliquid opened a 1,000 BTC long position, EmberCN reported. The position is worth $79 million, and the whale built long positions today in a total of 1,000 BTC and 28,000 ETH. The average entry prices were $78,780 for BTC and $2,490 for ETH.