Data: After a certain whale closed its short position, it turned to open a long position, expecting the position size to reach 20 million USD

According to HyperInsight monitoring, in the past hour, a whale address starting with 0x61c opened a 20x leveraged ETH long position, with a position size of 9 million USD and an average price of 3005 USD. Currently, it still has about 100 buy orders set in the range of 2960 to 2980 USD, totaling approximately 11 million USD.

Earlier today, this address deposited 5.106 million USD into Hyperliquid, and then opened a 36.27 million USD BTC long position and 36.87 million USD short positions in ETH, SOL, and AVAX; the long and short values are basically equal, with an overall position size of 73.15 million USD. The ETH short position was closed at breakeven today at 14:00.