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Hyperliquid Whale Places $173 Million Bullish Bet on Bitcoin, Ether

A whale on Hyperliquid has placed a combined $173 million bullish bet on Bitcoin and Ether. The reported positions signal expectations that the two largest cryptocurrencies could rise, though the excerpt provides no further trade details.

bloomingbit

Publisher

Aug 29, 2026 at 2:06 AM UTC · 1 min de lecture

Hyperliquid Whale Places $173 Million Bullish Bet on Bitcoin, Ether
Image via bloomingbit

Key Signal

$173M Bitcoin and Ether bullish bets

Entities

bitcoin

Market Impact

BTC-2.58%$77,604

Last Updated

il y a 2 heures

Traduction…

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A whale trader holding the largest bullish position on decentralized derivatives exchange Hyperliquid has placed about $173 million in bets on Bitcoin and Ether.

On-chain analyst EmberCN said on August 28 that wallets linked to the trader opened long positions in 1,000 Bitcoin and 38,000 Ether between the previous day and early August 28. The average entry prices were $78,758 for Bitcoin and $2,478.6 for Ether. Based on those levels, the positions were worth about $78.76 million and $94.19 million, respectively.

With both cryptocurrencies trading below their average entry prices, the positions are now showing an unrealized loss of about $2.39 million. The trader recently closed earlier Bitcoin and Ether long positions for a profit of $61.72 million before betting again on further gains.

Why this matters

A roughly $173 million directional position on Hyperliquid is a large concentration of risk on a decentralized derivatives venue. Its performance could affect sentiment around leveraged Bitcoin and Ether trading and signals that sizable traders remain willing to take concentrated long exposure despite current losses.

Réponses Rapides

What did the Hyperliquid whale bet on?

The whale placed a bullish bet on Bitcoin and Ether, according to the headline and excerpt.

How large was the Hyperliquid whale's crypto bet?

The reported bullish bet totaled $173 million across Bitcoin and Ether.

Does the report disclose the whale's leverage or entry prices?

No. The provided excerpt does not include leverage, entry prices, position breakdowns, or liquidation levels.

#bitcoin#crypto#markets

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Originally reported by bloomingbit

NewsLayer coverage based on externally reported material.

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Market Context

₿

Bitcoin

BTC

$77,600

-2.59% (24H)

$79,927$78,637$77,348
5 AM12 PM8 PM4 AM

Market Cap

$1.56T

24H Volume

$28.7B

24H High

$80,000

View Bitcoin Market Page

Article Intelligence

Key Entities

bitcoin

Topics

cryptomarkets

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