The cryptocurrency market has seen significant whale activity in recent hours. According to on-chain data, millions of dollars in transfers, leveraged transactions, and massive sell-offs have occurred.
A whale deposited $5.45 million worth of $USDC into the HyperLiquid exchange, opening 20x leveraged long positions on $ETH, 40x leveraged long positions on $BTC, and 10x leveraged long positions on HYPE, $LINK, AAVE, and MKR.
At the same time, in another transaction, the whale sold 123,500 $LINK for $3.13 million in $USDC at a price of $25.36. The $USDC was sent through TrustWallet to generate returns on Compound and Aave. Despite this, the whale still holds 425,000 $LINK, worth approximately $10.8 million.
In the last 48 hours, another whale deposited $15.47 million in $USDC and opened long positions in $BTC (20x) and BNB (10x). He also has open buy orders for $ETH, $SOL, $LINK, and FARTCOIN.
Another whale, who had been inactive for 8 months, returned to the market, deposited $1.56 million in $USDC and opened a 1x leveraged long position for WLFI.
The Coinbase hacker, who stole over $300 million in funds, purchased 38,126 $SOL (approximately $8 million) in recent hours.
In another notable transaction, a whale deposited 1,400 $ETH (approximately $6.63 million) into Kraken, generating a $102 million profit. Nine years ago, this whale acquired 24,959 $ETH through Kraken and ShapeShift for just $258,000. Currently, he still holds 13,477 $ETH (approximately $64.52 million), 877 $ETH of which is held in another wallet and 140 $ETH staked.
*This is not investment advice.
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