Yesterday's Rug Pull caused a $9.63 million loss for the whale, but they quickly rebuilt their ETH long position overnight, with a total position size now standing at $123 million.

BlockBeats News, February 10th, according to HyperInsight monitoring, an on-chain ETH main long whale (0xa5b…) added $7.5 million in margin to Hyperliquid last night and this morning, completing a 15x leveraged ETH long position, and has now become the largest long on ETH on Hyperliquid.

The current position size is 60,000 ETH, equivalent to about $123 million, with an average position price of $2059, currently unrealized profit of $360,000 (about 4.6%), and $33.46 million in remaining margin in the account.

Previously, the address closed its ETH long position held for about two months yesterday, ultimately resulting in a loss of about $9.63 million. The closing position size is similar to the new position, both around 60,000 ETH. For this whale, the closing may be a risk reset for a failed position structure to come back with a more reasonable margin structure and still be bullish on ETH.