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After selling 500 billion PEPE, a PEPE whale deposited 5.53 million USDC into HyperLiquid and opened a long position.

After selling 500 billion PEPE, a PEPE whale deposited 5.53 million USDC into HyperLiquid and opened a long position.

ForesightNewsForesightNews2025/10/01 15:31
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Foresight News reported, according to Onchain Lens monitoring, a PEPE whale sold 500 billion PEPE for 1,112.37 ETH (approximately $4.6 million) and 561,923 EIGEN for 188.62 ETH (approximately $819,000). Subsequently, the address swapped ETH for USDC, and after being dormant for 7 months, deposited 5.53 million USDC into HyperLiquid, opening long positions on ASTER (2x leverage) and XPL (3x leverage).

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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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