Key Investor Activity on Hyperliquid
A prominent crypto investor, known as the Hyperunit whale, has initiated new long positions in both Bitcoin (BTC) and Ethereum (ETH) on the decentralized derivatives platform Hyperliquid. On-chain data indicates a $37 million long position in BTC and an $18 million long position in ETH have been opened. This trading activity has garnered significant attention due to the whale's recent track record of accurate market predictions and substantial profits.
This investor has a notable history in the crypto market. He previously accumulated a substantial Bitcoin position during the 2018 bear market, acquiring approximately $850 million worth of BTC. He maintained this investment until its value surpassed $10 billion, according to data from Arkham Intelligence.
THE $10B HYPERUNIT WHALE JUST LONGED $BTC AND $ETH
— Arkham (@arkham) November 3, 2025
This address is owned by the Hyperunit whale, who:
– Bought $850M of BTC during the 2018 bear market, and held until it was worth $10B+
– Rotated $5B of BTC into ETH from August-October this year
– Made $200M by successfully… https://t.co/fiQlDWtAOzpic.twitter.com/nvgvGe76lm
The current strategic move follows a series of successful trades by the whale, further solidifying his reputation as a market participant capable of precise entry and exit timing.
Successful Short Positions Precede Long Entry
Arkham Intelligence has confirmed that the Hyperunit whale completely closed out his Bitcoin short positions prior to initiating his current long trades. His most recent short positions amounted to $227 million. These shorts were established after he profited $200 million by accurately anticipating the market downturn on October 10.
“The $10B whale who made $200M shorting the China Tariff market crash has fully closed out his most recent BTC shorts,” Arkham posted on X.
In addition to his recent trading actions, the Hyperunit whale's prior rotation of $5 billion from BTC into ETH between August and October 2025 further highlights his active and high-conviction trading approach.
His trades are characterized by significant volume and are often followed by notable price movements, positioning him as one of the most closely watched wallets within the cryptocurrency ecosystem.