Whale Moves $10M USDC to Hyperliquid, Aggressively Longs Bitcoin with $84.53M Position

COINOTAG News reports that a significant market participant recently moved 10 million USDC from Bybit to Hyperliquid, signaling a strategic shift in capital allocation. This whale has initiated a substantial long position on Bitcoin (BTC), currently valued at approximately $84.53 million. The position remains in an active accumulation phase, indicating a strong conviction in upward price momentum. The entry price for this leveraged trade is set at $106,767, with a liquidation threshold at $95,343, reflecting a calculated risk management strategy. Market observers should monitor this development closely, as such large-scale movements often precede significant market trends. This transaction underscores the growing influence of institutional players in the crypto derivatives space and highlights the importance of tracking on-chain and exchange flow data for informed trading decisions.

‘,
‘

🔒 Secure and Fast Transactions
Diversify your investments with a wide range of coins. Join now!

‘,
‘

💎 The Easiest Way to Invest in Crypto
Dont wait to get started. Click now and discover the advantages!

‘
];

var adplace = document.getElementById(“ads-binance”);
if (adplace) {
var sessperindex = parseInt(sessionStorage.getItem(“adsindexBinance”));
var adsindex = isNaN(sessperindex) ? Math.floor(Math.random() * adscodesBinance.length) : sessperindex;
adplace.innerHTML = adscodesBinance[adsindex];
sessperindex = adsindex === adscodesBinance.length – 1 ? 0 : adsindex + 1;
sessionStorage.setItem(“adsindexBinance”, sessperindex);
}
})();