A whale suspected to be related to Matrixport has opened a long position of 105,000 ETH on Hyperliquid, currently facing a floating loss of over $10 million

According to Lookonchain monitoring, a whale suspected to be related to Matrixport (addresses 0x6C85...84F6 and 0xa5B0...1D41) has established a long position of 105,000 ETH on Hyperliquid, with a total value of $204.5 million, currently facing a floating loss exceeding $10 million.

Both addresses 0x6C85...84F6 and 0xa5B0...1D41 transferred funds from the Tron network to Arbitrum via Bridgers and deposited them into Hyperliquid, likely belonging to the same whale. Among them, address 0xa5B0...1D41 has received funds from Matrixport multiple times.