An on-chain analyst reported that a cryptocurrency whale trading on Hyperliquid has gained nearly $1 million from recent Ethereum shorts. The trader initially opened 3,464.40 ETH short contracts, later increasing to 7,199.75 ETH, with current holdings valued at over $28.61 million and an average entry price of $4,128.15. This adds to the whale’s history of profitable large-scale ETH trades and strategic sell orders between $4,190 and $5,555.5.