Haven’t seen a whale trading the ETH/BTC rate in a while. Address 0x89B…A7358 added $1M USDC margin to Hyperliquid 4 hours ago. Currently long 218 BTC ($19.17M) and short 5294.36 ETH ($15.6M), essentially bearish on the ETH/BTC rate. According to Binance data, the ETH/BTC rate is currently 0.03358, down over 22% from the August price peak of 0.04328. Not feeling bullish on ETH, huh? Portal: https://hyperbot.network/trader/0x89BC21cF0c2da44e2AFCCDB9493BE950c78A7358?ic=ve_1420369760633225216