On July 18, data from Lookonchain revealed a significant market move where a whale strategically utilized four distinct wallet addresses on the Hyperliquid platform. The investor executed leveraged long positions on Ethereum (ETH) with 25x leverage and Solana (SOL) with 20x leverage. This aggressive positioning has resulted in an unrealized profit exceeding $25 million, highlighting the impact of high-leverage trading within the crypto derivatives market. Such activity underscores the importance of monitoring whale transactions to gauge market sentiment and potential price movements in major cryptocurrencies.
‘,
‘
🔒 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);
}
})();
Source: https://en.coinotag.com/breakingnews/whale-executes-massive-25x-eth-and-20x-sol-leveraged-longs-on-hyperliquid-securing-25m-unrealized-profit/