A whale bought $3.5 million of Ethereum spot and opened 3 times more orders
according to lookonchain monitoring, a whale address deposited 7 million USDC into Hyperliquid 3 hours ago, including:
350 million USDC was used to spot buy 1,371.87 ETH at a price of $2,551 per coin;
Another 350 million USDC was used to open a long position on ETH with 3x leverage, with an opening price of $2,550.42.
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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