Analyst: Hyperliquid 50x leverage giant whale closes short position and goes long, high leverage long on ETH

ChainCatcher message, according to on-chain analyst @ai_9684xtpa monitoring, the "Hyperliquid 50x leverage giant whale" has closed its short positions on Hyperliquid and GMX and turned long.

• Opened a 16.99x ETH long position on GMX, with a position size of 38.7 million USD;
• Opened a 25x ETH long position on Hyperliquid, with a position size of 16,173.77 ETH, opening price of 1886 USD, liquidation price of 1840 USD.