A cryptocurrency whale has deposited $1 million in USDC into the HyperLiquid platform, initiating a 20x leveraged long position on Ethereum (ETH) while maintaining a similar leveraged position on Solana (SOL). The whale has also expanded its spot token portfolio, acquiring 20,000 SOL valued at $1.7 million, 8.5 million FARTCOIN worth $1.69 million, 30 million MON for $717,000, and 6.73 million XPL totaling $651,000. Despite these strategic moves, the whale has suffered a significant loss exceeding $11.877 million.
Crypto Whale Faces $11.877M Loss Amid Aggressive Trading Moves
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