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A certain Whale Address that "buys Spot with contracts" has accumulated 7066 ETH in the past 5 days.
On November 29, according to Onchain Lens monitoring, a whale address that “shifted from significant losses in Futures Trading to Spot” purchased 1000 ETH from HyperLiquid 2 hours ago. This whale currently holds 7066 ETH worth 21.22 million USD, and also has 4.78 million USDC in idle status, which may indicate that more ETH will be purchased. It is reported that this address previously lost 8 million USD through Futures Trading, after which it began to shift to Spot.