A cryptocurrency whale has made a notable move by depositing $4.28 million in USDC into the HyperLiquid platform and opening a $101 million long position in Ethereum (ETH) with 25x leverage. This transaction underscores the significant interest and high-stakes strategies employed by large investors in the crypto market, particularly in Ethereum trading. The use of such leverage indicates a high-risk, high-reward approach, reflecting ongoing confidence in Ethereum's potential price movements.