When $ETH traded around $3,100, market sentiment was largely hesitant. Fear was palpable, and conviction was rare. However, one prominent whale adopted a contrarian strategy, aggressively longing $ETH with clear experience and patience while sentiment remained divided. 🧐

The outcome of this bold move is now evident.

$ETH Perpetual Futures (ETHUSDT)
Entry: $3,142
Position size: $27.7M
Leverage: 25x (a confident yet calculated approach)
Liquidation: ~$2,868 (well-protected) 📈

This strategic foresight wasn't confined to $ETH. The same whale has also established a substantial long position in $HYPE, once again demonstrating significant size and patience. ➡️

Here are the details for the $HYPE position:

$HYPE Perpetual Futures (HYPEUSDT)
Entry: $26.18
Position size: $7.08M
Leverage: 10x (indicating controlled risk)
Liquidation: ~$14.2 (a very safe distance) 💰