TechFlow news, on March 13, according to monitoring by Ai Yi (@ai_9684xtpa), the "Hyperliquid 50x whale" appears to be going long on the ETH/BTC exchange rate on Hyperliquid.
It is reported that today, the ETH/BTC exchange rate briefly dropped to 0.0228, hitting its lowest level since June 2020.
Current positions are as follows:
Hyperliquid: Long on ETH/BTC exchange rate, with an overall position size of approximately $30 million (25x long on ETH, 40x short on BTC). The estimated entry exchange rate for ETH/BTC is 0.02269, while the current rate stands at 0.02284;
GMX: One-sided 26.21x long on ETH, with a position size of $38.7 million, currently holding floating profits of about $90,000.





