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A whale with total net profits of $34.68 million on Hyperliquid is reducing its $12 million ETH short position. The whale, 5bro.eth, deposits $1.5 million in USDC and places a limit order to go long 2,000 ETH (about $3.73 million). If filled, its short position will decrease from 6,500 ETH to 4,500 ETH.