Futures
Access hundreds of perpetual contracts
TradFi
Gold
One platform for global traditional assets
Options
Hot
Trade European-style vanilla options
Unified Account
Maximize your capital efficiency
Demo Trading
Introduction to Futures Trading
Learn the basics of futures trading
Futures Events
Join events to earn rewards
Demo Trading
Use virtual funds to practice risk-free trading
Launch
CandyDrop
Collect candies to earn airdrops
Launchpool
Quick staking, earn potential new tokens
HODLer Airdrop
Hold GT and get massive airdrops for free
Launchpad
Be early to the next big token project
Alpha Points
Trade on-chain assets and earn airdrops
Futures Points
Earn futures points and claim airdrop rewards
Two wallets, one vibe -- and a massive ETH bet shaking Hyperliquid!
Interesting and it's really very hard to ignore. Two addresses have slowly and aggressively piled into $ETH longs totaling more than 95,000 ETH, roughly $190 million combined. That puts them at TOP1 and TOP2 for ETH longs on the platform right now. Big size, bold timing… maybe a little too bold.
One of them, 0x6C8512516Ce5669d35113A11Ca8B8DE322fD84F6, moved fast. Over the last three hours, it bridged in $21.798M USDC as margin, then slammed open a 40,000 ETH long at 20× leverage, worth about $80.39M, entering around $2,039.43. The market didn’t cooperate. At the moment, the position is bleeding, sitting at roughly $1.17M in unrealized losses.
Then there’s the heavyweight. 0xa5B0eDF6B55128E0DdaE8e51aC538c3188401D41, currently holding the largest #ETH long on Hyperliquid. This wallet opened a 60,000 ETH long last night, about $120M in size, with an entry at $2,059.8. Same story here, just scaled up. The position is now running in loss by around $2.9M.
What makes this more than just two random whales swinging size? The trail. Both margins were bridged from Tron to Arbitrum, using similar routes, timing and we must say behavior too. Could be coincidence or be one entity splitting exposure.
Either way, this is one of those moments where you zoom out, watch the charts breathe, and realize: someone out there is betting very hard on ETH blinking first.