The infamous Whale made an early morning massive ETH short, currently holding a $3.86 million position with 25x leverage.

BlockBeats News, July 6th, according to on-chain data, a whale made a smart move this morning on Hyperliquid, switching an ETH long position to a short position. At the time of writing, the address now holds a 25x short position worth $3.86 million, entered at a price of $2518. Furthermore, the whale currently holds only a 40x BTC long position with a value of $6.94 million.

This whale has accumulated $38.42 million in profit on Hyperliquid, with a weekly profit of $664,000.