Techub News reports that, according to Arkham monitoring, the two largest long Ethereum trades on Hyperliquid appear to be controlled by the same entity. The platform's largest Ethereum long trader 0xa5B and the second-largest Ethereum long trader 0x6c8 use the same funding source, trading direction, and wallet address. The account of 0xa5B holds a long position worth $117.47 million in Ethereum, funded via Tron and obtained through a service called "Bridgers." Trader 0x6c8's account holds a long position worth $88.1 million in Ethereum, with the same funding source. The total losses for these two accounts on Hyperliquid amount to as much as $6.38 million.