Hyperliquid 50x Leverage Profit of 16 Million USD Whale is Opening Long Positions on LINK at Both Hyperliquid and GMX

Current Positions on Two Platforms:

Hyperliquid 10x Long:

Position: 1.724 million tokens, worth 23.7 million USD (still in rolling position); Opening Price: 14.03 USD; Liquidation Price: 13.32 USD; Floating Loss: ~266,000 USD.

GMX 23x Long:

Position: Worth 6.91 million USD; Opening Price: 13.86 USD; Liquidation Price: 13.33 USD; Floating Loss: ~5,000 USD.

Currently, another limit order of 5 million USD for LINK has been placed. Goodness, there aren't many big brothers willing to spend real money to pump the market these days.

At the same time, the opponent competing with the whale has been identified, surprisingly it is the 【ETH High Win Rate Swing Trader】. In the past 40 minutes, he directly sold 470,000 LINK on-chain at an average price of $13.98, worth 6.57 million USD; during this period, he also withdrew 470,000 LINK from Binance in two transactions at $13.94, making a profit from the price difference by arbitraging back and forth.

What are everyone's views on LINK's momentum in the future? $LINK $BTC