Over the past 4 hours, a whale simultaneously opened 10x long positions on $ETH and $HYPE on the futures contract. This move doesn't necessarily mean the trend is set, but it at least indicates that in the short term, someone is willing to use leverage to bet on a rebound. $ETH appears to be more of an emotional move first, and if there's no follow-up buying, it could easily shake after a rally.

ETH0.5%

HYPE0.1%

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