Mysterious Whale Deposits $2.5M USDC to Go Long ETH with 10x Leverage After Previous $2.56M Losses

According to the latest data from blockchain monitoring platform Onchain Lens, a mysterious whale contract address became active again on February 7.

This time, it deposited $2.5 million worth of USDC into HyperLiquid and immediately opened a high-leverage ETH long position with a leverage of up to 10x.

Notably, the previous trading history of this address has not been ideal, with cumulative losses exceeding $2.56 million.

This move has sparked market speculation about the future price movement of ETH.