A whale opened leveraged Bitcoin and Ether long positions on decentralized derivatives exchange Hyperliquid at around 3 a.m. today, according to on-chain analyst Ai Yi, with reported values of $31.49 million for 403.44 BTC at 10x leverage and $11.75 million for 4,781 ETH at 12x leverage. The positions showed an unrealized loss of $362,000 when monitored and were described as the whale's first derivatives transaction on Hyperliquid. Earlier EmberCN reporting on August 28 described wallets linked to the largest bullish trader opening 1,000 BTC and 38,000 ETH at average entries of $78,758 and $2,478.6, totaling about $173 million and showing an unrealized loss of about $2.39 million after a prior $61.72 million profit. The reports contain differing position sizes and entry details; broader data cited by ChainCatcher showed Hyperliquid whale positions totaling $7.29 billion, with shorts slightly exceeding longs.