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The mysterious Whale strikes again: dumping 2 million U on HyperLiquid, a 20x leveraged bet on ETH.
[Coin World] An interesting movement has arrived. A certain address has once again poured 2 million U into HyperLiquid, this time directly opening a 20x leverage to go long on ETH. This move is quite aggressive, and it seems they are very optimistic about Ethereum's future market. However, the risks of high leverage are also present, and a slight misstep could lead to getting liquidated. The frequent entry of such large funds to build a position either means they have grasped some information, or they are purely gambling. Anyway, the on-chain data is there; whether it's a genius move or just giving warmth, the market will provide the answer.