Bitcoin OG re-enters market with $44.15M leveraged ETH long

A Bitcoin OG (address 1011short) deposited 10 million USDC into Hyperliquid early this morning and opened a $44.15 million long position on ETH with 5x leverage, Lookonchain reported. This move comes after the same address closed its entire long position of 55,133 ETH on Nov. 11, realizing a profit of $2.8 million.