The former largest PEPE bull increases ETH long positions to lower the average price, currently facing an unrealized loss of $530,000.

According to a report by Bijie Network: On January 30, according to HyperInsight monitoring, the "former largest PEPE bull" continued to increase their long positions in ETH on Hyperliquid today. Currently, they are long on 7,339.71 ETH with 5x leverage, lowering their average entry price to $2,810.01, and are currently facing an unrealized loss of $530,000. This address was previously the largest kPEPE long position holder on Hyperliquid, eventually closing the position with a profit of $963,600.