A whale is considering a long position after news of Jupiter's decision to halt JUP repurchases, with the current position size at $1.15 million

**January 4th — Per HyperInsight (Telegram: @HyperInsight) monitoring, a new whale address (0x7110) deposited ~$5.5 million into Hyperliquid over the past 24 hours, then opened low-leverage long positions on BTC, SOL, AAVE, and JUP. The total position size now stands at $12.03 million.** **Notably, the timing of the fund transfer and JUP position opening aligned with news that Jupiter Genesis is considering halting JUP buybacks — suggesting the whale may be betting on long-term JUP upside.** **Current positions for the address:** - 3x BTC Long: $8.91M position size, $7,149 unrealized gain, $91,000 average entry price, $62,000 liquidation price - 3x SOL Long: $1.26M position size, $19,000 unrealized gain, $134.40 average entry price, $90.58 liquidation price - 3x JUP Long: $1.15M position size, $2,175 unrealized loss, $0.212 average entry price, $0.148 liquidation price - 3x AAVE Long: $720,000 position size, $5,410 unrealized loss, $164.20 average entry price, $116.10 liquidation price