TechFlow News: On April 16, on-chain analyst EmberCN (@EmberCN) reported that a whale trader on Hyperliquid has fully closed all long positions in ETH and BTC—valued at approximately $398 million—locking in profits totaling roughly $68.47 million.
The trader opened long positions totaling 120,000 ETH and 1,500 BTC across four addresses between February and March. Following a sharp rebound in the crypto market on April 14, the trader began taking profits in batches. ETH positions were opened within a range of approximately $2,000 to $2,150 and closed near $2,390; BTC positions were opened near $68,420 and closed near $74,700.
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