According to @lookonchain, despite a market downturn, multiple whales initiated high-leverage longs on Hyperliquid, signaling bullish positioning among large traders (source: https://x.com/lookonchain/status/1983728923319136663). Trader 0x9553 opened a first position on Hyperliquid with a 40x long on 179.59 BTC valued at $19.94M (source: https://x.com/lookonchain/status/1983728923319136663, https://hypurrscan.io/address/0x955302F48A919EA0b84000E2316C3ED1afe396A8). New wallet 0x6988 deposited 1.95M USDC on Hyperliquid and opened a 25x long on 4,743 ETH valued at $18.71M (source: https://x.com/lookonchain/status/1983728923319136663, https://hypurrscan.io/address/0x6988C18f440297a6ef9857D44C87F9be423a6cEB). Trader 0xd260, with 43 completed trades, an 83.72% win rate, and over $2.6M total profit, opened a 40x long on 62 BTC worth $6.88M (source: https://x.com/lookonchain/status/1983728923319136663, https://hypurrscan.io/address/0xd260b2216B735277da6771564A01c04856E78321). In total, these positions represent approximately $45.53M of leveraged longs across BTC and ETH on Hyperliquid, which the source framed as bullish whale activity (source: https://x.com/lookonchain/status/1983728923319136663).