A mysterious crypto whale, identified as 0x579f, has made significant moves on the Hyperliquid platform, depositing 2.91 million USDC over the past two days. The whale has taken a total position of approximately $70 million, going long on $ENA while shorting Bitcoin and Ethereum.
The positions include shorting 232 Bitcoin valued at $25 million and 5,810 Ethereum worth $22.7 million. Simultaneously, the whale has gone long on 44.79 million $ENA, valued at $21.3 million. This strategic positioning highlights a significant bet on $ENA's potential rise while anticipating declines in Bitcoin and Ethereum prices.
Whale 0x579f Takes $70M Position on Hyperliquid, Betting on $ENA
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