According to ChainCatcher news and monitored by mlm, two ancient Bitcoin whales (or possibly the same entity) have sold 18,142 BTC, valued at $2.04 billion at current prices.
The entity is selling the last 5,968 BTC (worth $670 million), of which 4,968 BTC (worth $678 million) are still outside of Hyperliquid. So far, the entity has purchased a total of 416,598 ETH (currently worth $1.98 billion) and has a long position of 135,263 ETH ($642 million) on perpetual contracts, bringing the total ETH exposure to 551,861 ETH, worth $2.62 billion.
Of the 416,598 ETH (worth $1.98 billion), 275,500 ETH (worth $1.3 billion) has been staked.