PANews reported on January 27 that, according to on-chain analyst Yu Jin, a "whale with $230 million in long positions" has shifted its focus: it closed out somePANews reported on January 27 that, according to on-chain analyst Yu Jin, a "whale with $230 million in long positions" has shifted its focus: it closed out some
The "$230 million long whale" partially closed its positions on Hyperliquid and instead used leverage on Aave to go long on ETH.
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PANews reported on January 27 that, according to on-chain analyst Yu Jin, a "whale with $230 million in long positions" has shifted its focus: it closed out some of its long positions on Hyperliquid and instead used leveraged lending on Aave to go long on ETH.
- On Hyperliquid, we closed out long positions of 30,600 ETH and 427 BTC, leaving us with a remaining long position worth $680 million. The remaining position is mainly ETH, with a liquidation price of $2,158.
- He borrowed 240 million USDT from Aave through a revolving loan and transferred it to Binance, then withdrew 148,000 ETH ($431 million) from Binance. The liquidation price of ETH for this borrowed position is currently around $1,953.
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