Large Whale Transfers USDT to Arbitrum for ETH Long Position

A significant transaction has been observed involving a large whale or institution transferring 26.75 million USDT from Tron to Arbitrum over the past three hours. According to Foresight News, the funds were subsequently moved to Hyperliquid to initiate a long position on Ethereum (ETH). The entity has now opened a long position of 38,000 ETH, valued at $76.24 million, with an entry price of $2,041 and a liquidation price set at $1,365.