Whale reverses position to buy $233 million worth of BTC and ETH, with Hyperliquid platform's largest long position floating profit approaching $600,000

【Blockchain Rhythm】A well-known on-chain whale address (0x94d) made a move again on January 13th, significantly increasing long positions in major cryptocurrencies such as BTC and ETH within a short period. According to on-chain address monitoring data, this address currently holds long positions in four major cryptocurrencies with a total scale of $233 million, and is still adding to its positions. More notably, this address has become the largest long position holder of BTC on the Hyperliquid platform.

The shift occurred this morning—this whale completely closed its previous short positions in ETH, BTC, and SOL, then immediately reversed to open large long positions. The position details are as follows:

BTC Long: $156 million scale, cost basis $92,081.4, current price $92,410, unrealized profit of $557,600.

SOL Long: $50.34 million scale, cost basis $140.998, current price $141.84, unrealized profit of $298,800.

ETH Long: $14.37 million scale, cost basis $3,130.55, current price $3,140.4, unrealized profit of $45,100.

HYPE Long: $1.03 million scale, cost basis $23.9207, current price $24.64, unrealized profit of $30,100.

This address has been deploying short positions in major cryptocurrencies since December last year, leading the market to regard it as a “counterparty” of a certain listed company. In recent months, this address has repeatedly reversed positions on a large scale, with each position size reaching hundreds of millions of dollars, and its trading movements often reflect different on-chain forces at play.