Data: A certain whale bought 1,242 ETH and then leveraged 20 times to go long on 16,366 ETH
According to Lookonchain monitoring, the whale address starting with 0xa5B0 has spot bought 1,242 ETH (worth about 3.67 million USD) in the past 2 days, and then deposited 5 million USDC to Hyperliquid in the past 10 hours to long 16,366 ETH (worth about 44.3 million USD) with 20x leverage, with a liquidation price of $2,446.7 for its position.
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