PANews reported on January 7th that, according to Ember Tracking, a whale/institution that has accumulated nearly $96.67 million in profits through ETH spot trading has recently shifted to futures trading. Starting yesterday, it transferred $15.5 million USDC to HyperLiquid and opened a long position of 980 BTC with 20x leverage, resulting in a nominal position of approximately $90.87 million. The opening price was $92,885, and the current unrealized loss is approximately $150,000. Simultaneously, this address still holds 30,000 ETH spot coins, with a market value of approximately $97.7 million.

