#加密市场回调 The crypto market has seen a slight improvement these days, and the operations of large investors on Hyperliquid are simply astonishing.

Let’s talk about a few tough guys. There’s a "BTC OG insider whale" who transferred 10 million USD from a leading exchange, using 5x leverage to go long on $ETH — with a position size of 43.95 million, and an average price locked in at 2945 USD, setting the liquidation price at 2326 USD. This clearly indicates confidence that ETH will have a surge, going all-in with leverage. On the other hand, there’s an "ultimate bear", who pushed the liquidation price of their $BTC short position directly to 94,000 USD, and added an additional 3 million in margin to lock up the position, clearly stating they won’t back down until Bitcoin falls to this level.
Other players are also making significant moves: some have been liquidated and directly evaporated 2.8 million, some have switched to small coins and doubled their investment, and others have taken profits from BTC to cut into HYPE at the bottom.
Retail investors should not rush to act on these data. Whales are seasoned players of leverage, but the cases of liquidation are right there. Three suggestions: First, don't blindly copy others; their capital size and information channels are beyond our comparison; second, if you have small funds, focus on targets with clear trend signals, and set your stop-loss line firmly; third, maintain your mindset; the crypto market changes every day, and preserving your principal is the most practical.
The movements of large investors can be referenced, but the money in your own pocket must be watched closely – earning money within the scope of understanding is the only reliable approach.