Hyper, a top-performing entity in the crypto space, has significantly decreased its long exposure to Ethereum (ETH) by approximately $6.14 million.
This adjustment represents a strategic reduction in the fund’s ETH holdings, interpreted as cautious repositioning undertaken in response to shifting market dynamics.
The move highlights the ongoing strategic shifts even among leading players as they actively manage portfolios in light of current market conditions.
Hyper’s decision to scale back its ETH long position draws attention to potential intensified caution regarding Ethereum’s immediate price trajectory.