A major whale's position on Hyperliquid has expanded again. This platform's ETH long TOP2 address recently invested another $127 million to open new positions, bringing the total position size to approximately $449 million.

Interestingly, last night's dip provided an entry opportunity. All limit orders were filled, resulting in an increase of 9,890.76 ETH and 1,018.97 BTC. It seems this whale's buying desire at the price lows remains quite strong.

However, unrealized losses on the books are also widening, now flashing a red flag of $3.39 million. Such large position fluctuations are often a barometer of market sentiment—when whales add to their positions during a pullback, it usually indicates optimism about the future market outlook.