Hyperliquid Trader: $55M 5x ETH Long After BTC Losses

@lookonchain tracked the trader who lost $3M on a prior $BTC long returning after ten days to short $BTC for another $360K loss before flipping into a 5x long on 31,956 ETH worth $54.98M on Hyperliquid.

Price action on the 4h chart shows ETH at $1715.85 respecting the EMA50 support at $1691.32 inside a bullish structure while testing upper Bollinger resistance at $1723.92, with RSI at 62.21 and MACD golden cross at 12.47 pointing to continuation before any volatility-driven pullback to the band low at $1639.29.