There have been notable whale movements in the cryptocurrency market in recent hours.
According to data from on-chain monitoring platforms, large-scale transfers and high-leverage position openings on both centralized exchanges and HyperLiquid have attracted attention. Here are some of the most notable transactions.
A wallet, identified as a newcomer to the market, deposited 6.27 million USDC into HyperLiquid and placed an order to open a long position in ZEC at a price of $504.
Conversely, another large investor opened a 10x leveraged short position on ZEC by depositing 1.15 million USDC. The position has a current value of $5.20 million, a liquidation price of $1.358, and currently has an unrealized loss of -$218,730.
In the last three hours, a newly created address withdrew 20 million Polygon (POL) tokens from Binance. The transfer was valued at $3.62 million.
It was also noteworthy that another new address withdrew 3 million TRUMP, or $23.01 million worth of assets, in the last 14 hours.
Owen Gunden, a well-known whale, deposited another 500 BTC ($51.68 million) into Kraken in recent hours.
*This is not investment advice.