Overview
- Arkham and Lookonchain tracked a Hyperliquid wallet lifting its Ether long to about $44.5 million after a fresh $10 million deposit.
- The same wallet previously made roughly $200 million shorting the October 10 crash, with the new bet marking a swing to bullish positioning.
- Lookonchain reported three additional whales opening BTC and ETH longs totaling about $92.87 million, with leverage ranging from 2x to 25x.
- Recent volatility wiped out approximately $337.86 million in leveraged positions over 24 hours, with shorts taking the largest losses and a single $8.61 million BTC order liquidated on Hyperliquid.
- Garret Jin denied owning the whale wallet while acknowledging a connection, and Arkham separately noted Vitalik Buterin transferred about $2.9 million in ETH to Railgun.