This guy appears to be shifting strategy, moving away from derivatives and into spot holdings. Around 10 hours ago, the trader closed his long position on #Bitcoin , locking in a profit of approximately $1.88 million, and subsequently withdrew the entire 7.136 million USDC from Hyperliquid, suggesting he has stepped back from perpetual trading for now.

At the same time, he has been increasing his exposure to #Ethereum on the spot market. About 12 hours ago, the whale purchased 1,827 $ETH , adding to his existing holdings and bringing his total balance to 12,028 ETH, currently valued at roughly $24.97 million.
The move indicates a clear transition from short-term leveraged trading to a longer-term spot accumulation strategy, with ETH now representing the core of his portfolio.