major investor on Hyperliquid increased their Ethereum long position by 5,000 ETH when the price was around $1,950. Their total position now stands at 105,000 ETH, worth approximately $205 million.
Despite holding an unrealized loss of about $10.43 million, the investor has continued to accumulate, signaling strong confidence in ETH’s future.
However, if the price falls below $1,900, it could trigger liquidations and increase market volatility.