Hyperliquid profit exceeds $34 million. Smart money shifts ETH long positions to short positions, with an average entry price of $3,803.

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On July 30, according to on-chain information, a certain smart money today converted its ETH long position to a short position, currently holding a 25x ETH short position worth $1.9 million, with an average entry price of $3,803.

Additionally, this address also holds a 40x Bitcoin short position worth $15.73 million and a 20x SOL short position worth $11.05 million. The address has cumulatively profited over $34 million on Hyperliquid.

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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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