Hyperliquid Whale Breaks Even on $487M BTC ETH Positions

Hyperliquid largest long trader clawed back from a $120 million peak unrealized loss to breakeven on $487 million in BTC and ETH positions held across 11 addresses for nearly four months.

The positions total 3,000 BTC entered at $72,000 and 120,000 ETH at $2,260; two days of sharp gains erased the July drawdown that had forced additional margin top-ups to keep liquidation levels near $1,300–$1,400.

With price testing upper Bollinger resistance at $2,289.16 while RSI flashes overbought at 93.06, a healthy retracement to the 50-EMA support at $1,963.92 seems probable before further continuation, even as MACD maintains its golden cross at 90.95. ETH price prediction models now factor this whale’s breakeven level as key resistance, while crypto market crash fears ease and AI industry impact on perpetuals volume grows.