Cash-out 61.72 million USD! Hyperliquid’s biggest long-position “killer” cavalry charge—opening a heavy long on ETH with 2,490 USD per share!
In the last round, he closed out 120,000 ETH and 2,000 BTC, locking in $61.72 million in interest. Just now, he used 3 fresh wallets to transfer 26.83 million USDC into Hyperliquid. At the $2,490 level, he has already been testing a leveraged build with a long position of 16,000 ETH.
No need for an old wallet—splitting the funds into 3 new addresses and sending them in directly is to prevent the entire network from tracking him down, getting counter-squeezed by other hot money, or having others front-run to pump the market$ETH
In the last round, he closed out 120,000 ETH and 2,000 BTC, locking in $61.72 million in interest. Just now, he used 3 fresh wallets to transfer 26.83 million USDC into Hyperliquid. At the $2,490 level, he has already been testing a leveraged build with a long position of 16,000 ETH.
No need for an old wallet—splitting the funds into 3 new addresses and sending them in directly is to prevent the entire network from tracking him down, getting counter-squeezed by other hot money, or having others front-run to pump the market$ETH