A well-known trader adjusted their position allocation this afternoon, gradually reducing their leveraged long positions in HYPE. At the same time, they increased their long position in 1,000 Ethereum. According to the latest data, this trader currently maintains a total long position worth $43.51 million. Among them, the Ethereum position uses a 25x leverage strategy, with a single position value of $36.5 million, accounting for the largest share; the HYPE portion operates with a 10x leverage, with a current position value of $3.99 million. This rebalancing action reflects market participants' continued optimism about Ethereum's future prospects, as well as refined risk management.