PANews reported on January 27 that, according to Lookonchain monitoring, the "1011 flash crash insider whale" held a huge long position on Hyperliquid for about 50 days, accumulating losses of more than $100 million and paying more than $8.2 million in funding fees.

He is currently closing out his long positions and moving to Aave to cyclically build up his ETH long positions. In the past two days, he withdrew 148,000 ETH (worth $426.6 million) from Binance and deposited it into Aave, subsequently borrowing $240 million in stablecoins. Health rating: 1.49; Liquidation price: $1,954.