Hyperliquid Address Cuts Ether Short, Moves Into 291.401 BTC Long

A Hyperliquid address cut 10,394.62 Ether (ETH) from its short and moved into a 291.401 Bitcoin (BTC) long in a Nov. 2 update, switching its BTC position from short to long.

The ETH reduction had a notional value of $23.42 million, while the BTC long was valued at $22.38 million. At 7:01 p.m. ET (00:01 UTC Nov. 3), the address held 9,537.09 ETH short, worth $21.49 million, and 191.2 BTC long, worth $14.69 million. Ether was priced at $2,252.80 and Bitcoin at $76,808 in the snapshot.

The current holdings were listed separately from the reported position changes. In a Nov. 1 snapshot, the same address held 21,461.83 ETH short and 301.13 BTC short. The latest update shows a smaller ETH short and a change in the listed BTC position from short to long.