Hyperliquid: Whale 4x ETH Long Profits $6.43M

Hyperliquid whale at address 0xedc…5d05a opened the first trade on the platform with a 4x leveraged long of 20,000 ETH at $1936, now sitting on $6.434 million in floating profit as ETH trades at $2262.36.

Hyperliquid ETH perpetual futures whale activity and Ethereum leveraged long positions timing before price surges both align with the 4h chart showing price testing upper Bollinger resistance at $2194.56 while the 50-EMA at $1939.09 and 200-EMA at $1884.44 act as layered support beneath a MACD golden cross of 70.0 and RSI at 93.13 that flags short-term exhaustion.