The largest long position holder on Hyperliquid has closed a significant position of 40,000 ETH, securing a profit of $14.8 million. This move follows an 8% increase in Ethereum's price. The trader, who had previously opened long positions worth $290 million, has now accumulated a total profit of $47.92 million from recent trades. The trader initially acquired 120,000 ETH near the $2,000 mark, resulting in a profit of $43.2 million. Additionally, a long position of 700 BTC at $68,420 has yielded a profit of $4.72 million. Currently, the trader maintains long positions in 80,000 ETH and 700 BTC.