Hyperliquid: Whale Flips to $BTC Long

Hyperliquid address 0x604…0b21d exited a $45.17 million BTC short on August 24-25 after booking an $831,000 loss and immediately flipped into a 12x long of 554.71 BTC valued at $43.72 million at $80,140.6, now the platform’s eighth-largest Hyperliquid BTC perpetual futures holding with $748,000 unrealized loss.

Price sits at $78,930.75 inside the Bollinger Bands on the 4h chart; the upper band at $80,342.13 caps near-term momentum while the 50-EMA at $75,474.33 and 200-EMA at $68,740.82 anchor the bullish structure, and the MACD death cross at 851.51 tempers the neutral RSI reading of 58.69 ahead of any continuation.