"After selling HYPE, the Whale opened a long position on ETH and increased the position to 78,500 coins."

PANews reported on September 1st that according to on-chain analyst Yu Jin's monitoring, the "Whale that opened a Long Position on ETH after selling HYPE" reduced its ETH position from 86,800 ETH to 50,000 ETH three days ago to avoid liquidation during the fall. After the ETH price stabilized without continuing to drop, he slowly began to increase the position again. After the most recent increase in position five hours ago, his Long Position on ETH has risen back from 50,000 ETH to 78,500 ETH, making it the largest single position on Hyperliquid. The current Long Position of 78,500 ETH held by this Whale is worth $344 million, with a liquidation price of $4,297. He started going long on ETH on the 25th and has incurred a loss of $23 million over the past week.