Hyperliquid: Whale Opens $13M 3x ETH Long at $1581.9

Wallet 0x7fb…c04ab opened an 8,253.89 ETH 3x long on Hyperliquid worth $13.05M at $1,581.9 with liquidation at $1,078.5 after adding $1.11M USDC margin one hour prior.

Price trades at $1583.84 right at the entry level inside Bollinger Bands, facing upper resistance at $1613.94 while EMA50 resistance sits at $1616.07 in the broader bearish structure; the MACD golden cross at -4.52 nevertheless points to building bullish momentum even as neutral RSI at 46.85 keeps the door open for a test of band resistance before any deeper move toward lower support at $1555.58. This ETH long position analysis aligns with rising crypto leverage trading interest and ongoing Hyperliquid position tracking among large accounts.