Whale Movement Sparks Crypto Market Speculation
According to fresh data from Onchain Lens, a newly created wallet deposited $3.18 million in USDC to HyperLiquid on February 2. The transaction immediately drew attention from market observers.
Bullish ETH Bet with Leverage
What makes this move stand out is the establishment of an ETH long position with 20x leverage. This aggressive strategy demonstrates significant confidence in Ethereum's price trajectory.
Market Impact Potential
On-chain tracking reveals signs of potential follow-up activity. Industry analysts suggest this whale might expand its position or initiate new trades, which could create ripples across the crypto market.
- New wallet's major deposit catches attention
- Leveraged position signals ETH optimism
- Future moves may influence short-term market dynamics