Hyperliquid Whale: Reopens $170M BTC ETH Longs

Hyperliquid largest long trader reopened massive positions through multiple addresses, accumulating 1,000 BTC at an average of $78,758 and 38,000 ETH at $2,478.6 for a total notional value of $170 million, now showing a $2.39 million floating loss.

The same entity closed 2,000 BTC and 120,000 ETH three days earlier for a $61.72 million realized profit before transferring 26.83 million USDC into three fresh wallets to initiate new longs, including 8,000 ETH at $2,490 per coin.

Price action on the 4h chart shows BTC trading inside the Bollinger Bands with upper resistance at $80,612.67 while the 50-EMA at $76,824.11 and 200-EMA at $69,950.97 continue to anchor the bullish structure; with RSI at 43.66 and MACD printing a death cross, a test of the lower band support near $77,273.03 appears likely before any sustained move higher in this Hyperliquid perpetuals BTC ETH leverage trading environment.