Data: A new address went long on $41 million ENA, while simultaneously shorting $42 million worth of ETH and BTC for hedging.
According to ChainCatcher, MLM monitoring has revealed that a newly created wallet address withdrew 3 million USDC from a certain exchange over the past two days, then deposited it into Hyperliquid. Through two wallets, the user opened a total ENA long position worth 41 million USD, while simultaneously shorting 20 million USD of ETH and 22 million USD of BTC.
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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