Successfully executed an ETH long-to-short flip on the 30th, the clever money has now executed a Bitcoin short-to-long flip today and opened a long position on ETH.

BlockBeats News: On August 1st, according to on-chain information, a Smart Money today reversed their Bitcoin short position to a long position, and opened an Ethereum long position. At the time of writing, this address holds a 25x Ethereum long position worth $3.61 million and a 40x Bitcoin long position worth $1.8 million.

Previous reports indicate that on July 30th, this Smart Money reversed their Ethereum long position to a short position at an average entry price of $3803.

This address has cumulatively made close to $36 million in profit on Hyperliquid.