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COINOTAG News reported on October 12 that on-chain analyst Yu Jin observed Whale 0x4044 open a 770 BTC long position on Hyperliquid following the recent drawdown, with an entry price of $111,749.
The whale’s take-profit ladder starts at $120,000, reducing 7.7 BTC every $200 through to $140,000; if executed as placed, the position’s realized P&L would be approximately $14.05 million. This summary is based on observed on-chain and order-book data and highlights execution risk and liquidity considerations rather than market forecasts.
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