According to Lookonchain, whale address 0x9e8b, who previously realized over $15M in profit on Hyperliquid, opened a 20x leveraged long of 141,611 SOL with about $30.75M notional and a 25x leveraged short of 6,698 ETH with about $30M notional. According to Lookonchain, this positioning reflects a relative-value view favoring SOL over ETH on Hyperliquid. Based on figures provided by Lookonchain, the implied entry levels are roughly $217 per SOL and $4,477 per ETH, which traders can use to benchmark PnL sensitivity and risk management.