According to CoinMeta, whales have opened a long position of 24,500 more ETH on HyperLiquid in the past two days, which is approximately worth $50.59 million at current prices, with a opening price of $2,207.5 per unit. They are currently suffering a loss of about $3.5 million. The account in question is named " machi is ugly dog ", and it seems to be a playful reference to 'Big Brother Ma Ji', who has been consistently holding long positions in ETH.