A trader has started 5x long positions on ETH and HYPE, with a total position of approximately $36 million.

According to Jinse Finance, monitored by Lookonchain, trader 0xa43d closed his MON long position with a loss of $135,000 and subsequently switched to shorting, opening a 3x short position of 12.11 million MON (worth $414,000). In addition, over the past two hours, he also opened 5x long positions of 11,203 ETH (worth $33.6 million) and 70,278 HYPE (worth $2.46 million) respectively.