The whale who made $96.67 million in profits from ETH swing trading has shifted to futures and is now 20x long on Bitcoin.
BlockBeats News, January 7, according to Ember monitoring, the "whale/institution that has made $96.67 million in multiple rounds of trading ETH" has shifted to contract trading. From yesterday until now, they have transferred a total of $15.5 million USDC into Hyperliquid, and then opened a long position of 980 BTC (worth $90.87 million) with 20x leverage. The opening price was $92,885, and they are currently at an unrealized loss of $150,000.
In addition, they are still holding 30,000 ETH (worth $97.7 million) in spot.
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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