Data: A certain whale sold 24,000 ETH and then leveraged to go long on various mainstream and MEME coins
According to market news, a whale with the address "0xead" sold 23,924 ETH for approximately $45.06 million, at a price of about $1,883 per coin. Subsequently, it deposited $16 million USDC into the contract trading platform HyperLiquid and increased its long positions in BTC, ETH, and HYPE, currently facing an unrealized loss of over $30.76 million.The current positions of this account on HyperLiquid include: 20x leverage long on BTC, ETH, XRP; 10x leverage long on AVAX, LINK, LTC, PEPE, ENA, BONK, FARTCOIN, WLD, ZEC, NEAR, TON, ADA, XPL, and 10x leverage short on BCH, as well as 5x leverage long on HYPE.