After closing a short position, a certain whale has shifted to a long position, with the expectation that the position size will reach $20 million.

BlockBeats News, January 22nd, according to HyperInsight monitoring, in the past 1 hour, a whale address starting with 0x61c opened a 20x leveraged long position on ETH, with a position size of 9 million USD at an average price of 3005 USD. Currently, it still has about 100 buy orders placed in the range of 2960 to 2980 USD, totaling approximately 11 million USD.

Earlier today, the same address deposited 5.106 million USD to Hyperliquid, then opened a 36.27 million USD BTC long position and 36.87 million USD ETH, SOL, AVAX short positions; the long and short values are roughly equal, with a total position size of 73.15 million USD. The ETH short position was closed at breakeven today at 14:00.