## Hyperliquid Whale Takes Bullish ETH Stance A significant ETH long position has been opened on Hyperliquid (HYPE) by a whale, signaling potential confidence in Ethereum's near-term price movement. According to AmberCN, the whale initiated a 20x leverage long position, effectively utilizing 50x leverage within the Hyperliquid platform's structure. ## Massive $47.62 Million ETH Position The position encompasses approximately 32,800 ETH, translating to a substantial $47.62 million bet on Ethereum's price increase. This move follows a period of relative inactivity, spanning about two weeks. ## Liquidation Price Set at $1,399 Crucially, the liquidation price for this leveraged position is set at $1,399. This means that if Ethereum's price falls to or below this level, the whale's position will be automatically liquidated to cover potential losses. The high leverage amplifies both potential gains and risks associated with the trade. This bold move by a Hyperliquid whale suggests a strong belief in Ethereum's upward trajectory in the short term. ```

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