A whale became bullish after news broke that Jupiter co-founders were considering halting JUP buybacks, and currently holds a position of $1.15 million.

On January 4th, according to Hyperinsight monitoring, a new whale(0x7110) deposited approximately $5.5 million into Hyperliquid in the past 24 hours, and immediately opened long positions in BTC, SOL, AAVE, and JUP with low leverage, bringing its total holdings to $12.03 million. It's worth noting that this fund transfer and JUP order opening occurred shortly after news broke that "Jupiter's co-founders are considering stopping JUP buybacks," suggesting a possible bet on a long-term rise in JUP's value. The address's current holdings are as follows:

3x BTC long positions: open interest $8.91 million, unrealized profit $7,149, average price $91,000, liquidation price $62,000;

3x SOL Long Position: Position size $1.26 million, unrealized profit $19,000, average price $134.4, liquidation price $90.58;

3x JUP long position: Position size $1.15 million, unrealized loss $2,175, average price $0.212, liquidation price $0.148;

3x AAVE long position: position size $720,000, unrealized loss $5,410, average loss $164.2, liquidation price $116.1.