Hyperliquid: Whale Adds $20M ETH Long Position

Hyperliquid saw a whale labeled Trader Long Loyalist deposit 4.9M USDC and place fresh buy orders for 9.63K ETH valued near $20M, lifting the total long exposure to roughly 14.5K ETH.

The address 0x64b766b07362405a9cc19c2226490f3015929da9 already carries an existing 4.86K ETH long worth $10.94M, with unrealized losses of $4.63M across 39 positions and lifetime PnL at negative $4.29M.

At $2250.98, ETH trades inside its Bollinger band and hugs the lower band support at $2246.9 while the EMA50 at $2350.01 and EMA200 at $2461.32 sit overhead as firm resistance; the MACD death cross at -21.33 keeps the four-hour structure bearish even as RSI at 36.7 remains neutral, suggesting any bounce attempt will likely stall at the upper band near $2407.17 before testing lower again.