Ethereum’s rebound from $2,100 has coincided with continued bullish whale activity on Hyperliquid. Earlier tracked data showed $61.61 million in ETH long positions versus $16.81 million in shorts on March 25, followed by a whale opening 10x leveraged ETH and HYPE longs worth more than $30 million, including 13,380 ETH valued at about $29.29 million and 42,140 HYPE worth about $1.73 million. A new update adds another major trader to that trend: a whale that had earned more than $16.39 million on Hyperliquid opened a 100 BTC 40x long worth $7.09 million and a 1 million LIT 5x long worth $982,000. The wallet, likely linked to NervousDegen, also continues to hold 75,160 HYPE in spot and staking worth about $3.01 million.