A major whale transferred 50 million USDC to Hyperliquid to continue going long on ETH, with current unrealized profits reaching 17.72 million USD.
According to ChainCatcher, on-chain analyst Yujin monitored that during the early morning ETH surge, the whale who started longing ETH at $3,048 the day before transferred 50 million USDC into Hyperliquid to continue longing ETH. Currently, his ETH long position has an unrealized profit of $17.72 million. Over the past two days, he has transferred a total of 120 million USDC into Hyperliquid and went long on ETH worth $269 million (81,000 ETH). The average entry price was $3,108.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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