"15,000 BTC Whale" Holds 68,130 ETH Long Positions Worth $295 Million
According to Onchain Lens monitoring, a wallet that withdrew 15,000 BTC from an exchange seven years ago (then worth $95 million) has opened long positions totaling 68,130 ETH, valued at $295 million, on Hyperliquid.
This address sold 600 BTC via Hyperliquid and used four different wallets to open leveraged long positions in Ethereum, with leverage ratios of 10x and 3x respectively.
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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Data: BitMine currently holds approximately 3.56 million ETH, with an unrealized loss of $2.98 billion.
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