According to HyperInsight on-chain data, recent market activity has shown some interesting positioning trends. A leading fund increased its long positions in ETH and HYPE during the market correction, with a total holding size reaching approximately $25.2 million — among which ETH longs are leveraged 25x, holding 8,000 ETH, and HYPE longs are leveraged 10x, holding 55,000 tokens.

Although these positions are currently showing unrealized losses, this contrarian scaling strategy is worth noting. From an on-chain data perspective, this reflects a signal of large capital entering the market at the bottom. Historical experience indicates that institutional-level bottom-fishing actions often precede market reversals.

As a mainstream cryptocurrency asset, ETH's price movement has always been an important barometer of market sentiment. In the current volatile environment, such positioning data provides a reference for investors optimistic about a subsequent reversal. Short-term market fluctuations can indeed trigger emotional swings, but over a longer cycle, every correction is accompanied by opportunities.

For traders closely monitoring market trends, these on-chain signals offer additional decision-making references. Continuing to observe subsequent market movements will be crucial.