Whale's Big Bet: 1.765 Million USDC on ETH and BTC Long Positions

Major Whale Bets Big on Crypto Market Upswing

Recently, on-chain data from Onchain Lens revealed that a crypto whale injected as much as 1.765 million USDC into HyperLiquid to establish long positions in ETH and BTC. Notably, the whale employed up to 20x leverage, reflecting a highly bullish outlook on market movements.

Position Details Revealed

Currently, the whale holds 9,411.33 ETH and 260.11 BTC. Against the backdrop of heightened volatility in the cryptocurrency market, such a significant position is bound to draw attention.

Market Impact Awaits

• High-leverage operations can amplify profits while also increasing risks.
• Whale behavior is often seen as a critical indicator of market sentiment.
• This move could inspire more investors to explore the growth potential of ETH and BTC.

This transaction once again demonstrates that major capital flows in the crypto market still center around mainstream assets, making whale movements worth close attention from investors.