Smart Money Shifts to 25x ETH Short Position on Hyperliquid Amid $38.42M Cumulative Gains

On July 6, on-chain analytics revealed that a prominent smart money entity adjusted its Ethereum exposure by shifting from a long to a short position on Hyperliquid. Presently, this investor maintains a 25x leveraged short position valued at $3.86 million, with an entry price set at $2,518 per ETH. Concurrently, their portfolio includes a 40x leveraged long position in Bitcoin, amounting to $6.94 million. This strategic repositioning highlights sophisticated risk management amid volatile market conditions. Over time, this smart money account has generated a cumulative profit of $38.42 million on Hyperliquid, including a recent weekly gain of $664,000, underscoring its effective trading acumen and market timing. Such data provides valuable insight into institutional trading behavior and leveraged crypto market dynamics.