Hyperliquid's largest long position holder reopens a $20M ETH position after realizing a $61.72M profit.

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Hyperliquid’s largest long position holder, who previously realized a $61.72 million profit by closing 12,000 ETH and 2,000 BTC positions, has reopened a $20 million ETH long position. The trader deposited 26.83 million USDC into Hyperliquid using three new wallets, with two wallets initiating 8,000 ETH long positions at $2,490 each. This move demonstrates a strategic approach to position sizing and trading.

Odaily Planet Daily reports: Three days after closing positions on 120,000 ETH and 2,000 BTC, realizing a profit of $61.72 million, the largest long position holder on Hyperliquid has reopened a long position in ETH. They transferred 26.83 million USDC to Hyperliquid via three new wallets, with two wallets each opening long positions of 8,000 ETH at $2,490, totaling approximately $20 million.

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