Prominent cryptocurrency trading entity Hyper has significantly decreased its long positions on Ethereum (ETH) holdings by approximately $5.41 million.
This substantial reduction signals a cautious approach adopted by Hyper towards the Ethereum market amid prevailing conditions, despite the entity historically maintaining a notably high win rate within the crypto trading space.
The strategic pullback highlights a measured stance, prioritizing risk management and potential reassessment of near-term Ethereum price movements.