Whale Initiates First Hyperliquid Perpetual Positions with $43 Million Longs

A whale investor executed their first perpetual contract trades on Hyperliquid, opening a $31.49 million long position on BTC (403.44 BTC at 10x leverage) and an $11.75 million long position on ETH (4,781 ETH at 12x leverage). The positions are currently showing an unrealized loss of $362,000.