The trader known as Hyperliquid’s largest bull added 500 BTC after Bitcoin fell to $59,000, bringing holdings to 120,000 ETH and 2,500 BTC, PANews reported, citing Ember.
A trader described as Hyperliquid’s largest bull expanded a leveraged long position to $445 million while sitting on an unrealized loss of $110 million. The position includes 120,000 ETH and 2,500 BTC, PANews reported on June 26, citing on-chain analyst Ember. After Bitcoin dropped to $59,000 overnight, the trader used three wallets to open 500 BTC longs worth $30 million at $59,261. The average entry prices across the long positions were $2,261 for ETH and $69,560 for BTC. The move points to continued conviction in a rebound even as the account remains deeply underwater on paper.