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The Whale Behind $29.75 Million in Wins Just Went Long on Ethereum

Published Source: BeInCryptoRead original

Crypto Insight Summary: Leveraged bulls lost $688.56 million to liquidations in a single day as Ethereum (ETH) and Bitcoin (BTC) slid. One Hyperliquid whale with a near-flawless record has stepped into that selloff with a big long bet. The trader has opened ETH longs worth about $60.7 million. Those positions already sit on roughly $2.6 million in unrealized Crypto Insight Analysis: Direction: Bullish ETH Impact: Minor Impact Horizon: Short-term (1-3 days) Reasoning: Large whale long position may provide short-term support but unlikely to reverse broader market trend.

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The Whale Behind $29.75 Million in Wins Just Went Long on Ethereum — Crypto Insight