Hupzy (Spot On Chain)|Sep 02, 2026 06:41
A dormant Hyperliquid whale returned after 7 months of inactivity to open a ๐ฎ๐ฑ๐
๐น๐ผ๐ป๐ด on 18,587 ETH โ $๐ฐ๐ฐ.๐ด๐ฑ๐ ๐ป๐ผ๐๐ถ๐ผ๐ป๐ฎ๐น.
๐๐๐ฝ๐๐ ๐๐ฎ๐ธ๐ฒ: Max-leverage re-entry after a 7-month hiatus signals high conviction on an ETH directional move. At 25x, ETH needs to move only ~4% against the position to trigger liquidation โ watch for cascade risk if ETH sells off.
The position implies roughly $1.79M in margin against $44.85M notional. A forced close would add directional sell pressure to ETH.
https://hypurrscan.io/address/0x89da4baec446f35a1cbe17a9d1ee5c70b05ee43f#perps
source: lookonchain
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