Hyperliquid Whale Rebuilds $40M ETH Long After Booking $61.7M Profit

BitcoinWorld Hyperliquid Whale Rebuilds $40M ETH Long After Booking $61.7M Profit Hyperliquid’s largest long trader has re-entered the market with a substantial Ethereum position, opening a 16,000 ETH long worth approximately $40 million.

According to blockchain analytics firm EmberCN, the whale entered at an average price of $2,490 per ETH, signaling renewed bullish conviction after taking profits earlier this week.

Wallet Activity and Position Details On-chain data shows that the trader transferred a total of 26.83 million USDC to Hyperliquid through three new wallet addresses before opening the position.

Two of those addresses each opened 8,000 ETH long positions, while the third wallet remains inactive so far. The move comes just three days after the same whale closed long positions in 120,000 ETH and 2,000 BTC, locking in a realized profit of $61.72 million.