Hyperliquid: Whale Opens 25x $26M ETH Long

Hyperliquid recorded a whale opening a 25x leveraged long on 12,900 ETH worth $26.1 million at $2,011.7, setting liquidation at $1,967.1 only $45 below entry.

Hyperliquid liquidation mechanics and risk remain tight on such positions given the platform's on-chain perps design. ETH price prediction models now face immediate pressure with price at $2,040.15 sitting inside Bollinger Bands between $1,960.96 support and $2,108.07 resistance while the bearish EMA structure places $2,073.07 as the next key hurdle above; neutral RSI at 48.6 combined with MACD golden cross at -19.88 points to limited upside before any deeper test of lower band support.