A significant crypto whale has deposited 2.5 million USDC into the Hyperliquid platform, initiating a long position in Ethereum valued at $18.5 million with 25x leverage. This move comes shortly after the same whale closed previous long positions at a $547,000 loss. The activity was tracked by Onchain Lens, highlighting the whale's aggressive trading strategy within a short six-hour window.
Whale Deposits 2.5M USDC, Opens $18.5M ETH Long Position on Hyperliquid
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