A whale has invested 4.87 million USDC into Hypeliquid, taking a 20x leveraged long position on Ethereum (ETH). This significant deposit indicates a strong bullish sentiment toward ETH. The leveraged position allows the whale to amplify potential gains, reflecting confidence in Ethereum’s future performance. Such large transactions can impact market dynamics, drawing attention from other investors and traders. The move highlights the ongoing interest in decentralized finance platforms like Hypeliquid.
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