Hupzy (Spot On Chain)|Oct 07, 2026 09:18
A single whale is sitting on $๐ฏ๐ฑ๐ฎ๐ in BTC and ETH longs across four Hyperliquid wallets โ 1,140 BTC and 98,090 ETH opened roughly two weeks ago at entries of $82,205 and $2,604. The position is currently up $2.66M and was discovered after the whale deposited fresh margin today.
๐๐๐ฝ๐๐ ๐๐ฎ๐ธ๐ฒ: $352M of concentrated directional risk on a perps DEX is a fragility signal. The BTC entry near $82K sits close to current price, so a break below triggers liquidation cascades at size. The ETH entry at $2,604 signals conviction in a recovery from multi-month lows. Watch for margin top-ups (conviction) vs position reductions (de-risking) โ a forced unwind at this notional would amplify any downside move.
BTC support sits at the $82,205 entry; a clean break below puts the whale's stack at liquidation risk and compounds selling pressure. ETH at $2,604 is the line โ below that, the long thesis unwinds. Both levels are live on Hyperliquid and Aster for perp positioning.
https://hypurrscan.io/address/0x60468BA27448F88B19F52ED02F1a8C52F7a0b21d#perps
source: EmberCN
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