CoinMeta Data: According to the monitoring of “large transactions” by pro, from 23:29 to 23:42 last night, there were two concentrated market price sell-offs for the HyperLiquid ETH / USDC perpetual contracts, with amounts of $32.6576 million and $27.8259 million respectively. During the same period, the position difference was negative in both cases, indicating that the main traders were mainly closing long positions. Through “smart money tracking,” it was confirmed that the sell orders mainly came from two seemingly related accounts: 0x2371…0883 closed out 12,000 ETH positions, making a profit of $891,200; 0xbd1c…ff0e closed out 10,000 ETH positions, making a profit of $722,300. Together, they closed out 22,000 ETH positions, achieving a profit of $1.6135 million. Historical records show that both addresses were activated at the end of June, with similar timing for opening positions, holding periods, and exit strategies, suggesting they are likely controlled by the same large trader (whale).