Whale Sells ETH for $45M, Reinvests in Major Crypto Long Positions

According to OnchainLens monitoring data from February 24, a whale sold 23,924 ETH at an average price of $1,883, generating approximately $45.06 million in proceeds.

Shortly after, the whale deposited 16 million USDC into HyperLiquid and opened additional long positions in BTC, ETH, and HYPE.

As of now, this whale's positions have accumulated a floating loss of over $30.76 million.