A whale buys $3.5 million in Ethereum spot and opens a 3x long position
According to lookonchain monitoring, a whale address deposited 7 million USDC into Hyperliquid 3 hours ago, of which: 3.5 million USDC was used to spot buy 1,371.87 ETH at a price of $2,551 each; the other 3.5 million USDC was used to open a leveraged long position on ETH with 3x leverage, at an opening price of $2,550.42.
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Data: 10 addresses received a total of 210,000 ETH within 6 hours, worth approximately $863 millions.
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