BlockBeats News, November 29th, according to Onchain Lens monitoring, a whale address that "switched to spot trading after a large contract loss" purchased another 1000 ETH from HyperLiquid 2 hours ago. This whale currently holds 7066 ETH worth $21.22 million and has 4.78 million USDC sitting idle, likely preparing for more ETH purchases.
Reportedly, this address had previously lost $8 million through contract trading and has since shifted to spot trading.
