Ethereum Whale Rebuilds $40M Position After Locking in $61.7M Profit

Hyperliquid's largest long trader has re-entered the market after booking $61.7 million in profits earlier this week, rebuilding a substantial Ethereum position worth approximately $40 million.

The trader opened a 16,000 ETH long at an average price of $2,490 per ETH, signaling renewed bullish conviction despite recent market volatility.

This move comes just three days after the same whale closed long positions in 120,000 ETH and 2,000 BTC, locking in a realized profit of $61.72 million.